Definition Of A Debtor
Definition Of A Debtor. “debt is a financial liability or obligation owed by one person, the debtor, to another, the creditor.” 1 in other words, debt is when someone borrows money (a debtor) and is. The borrower could be an individual like a home loan seeker.
A debtor in possession (dip) is a person or corporation under bankruptcy protection that still holds property to which a creditor has a right. A debtor is an person, company or organization who owes money. A debtor is a person or an organization that agrees to receive money immediately from another party in exchange for a liability to pay back the obtained money in due course of.
One Who Owes A Debt;
A debtor is a person or an entity that owes money to another, which could be any individual or institution (including the government). One guilty of neglect or violation of duty. A country, organization, or person who owes….
One Who May Be Compelled To Pay A Claim Or Demand;
A debtor is an person, company or organization who owes money. A debtor is an individual or entity that owes money to a creditor. “debt is a financial liability or obligation owed by one person, the debtor, to another, the creditor.” 1 in other words, debt is when someone borrows money (a debtor) and is.
Do You Know What Does Debtor Define?
A debtor is a person or business. Someone who owes money 2. A debtor or debitor is a legal entity (legal person) that owes a debt to another entity.
A Debtor Is One Of The Major Terms Of Accounting.
He who may be constrained to pay what he owes. A country, organization, or person who owes…. Debtor definition, a person who is in debt or under financial obligation to another (opposed to creditor).
One Who Owes A Debt.
The entity may be an individual, a firm, a government, a company or other legal person. Debtors are usually people, organizations or companies that have borrowed money in some form. Someone who owes money 3.
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