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Definition of debtor
Thanks for using this online dictionary, we have been helping millions of people improve their use of the english language with its free online services. English definition of debtor is as below...
Debtor
(n.) One who owes a debt; one who is
indebted;
--
correlative
to
creditor.
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Subrotund
::
Subrogation
(n.) The
substitution
of one
person
in the place of
another
as a
creditor,
the new
creditor
succeeding
to the
rights
of the
former;
the mode by which a third
person
who pays a
creditor
succeeds
to his
rights
against
the
debtor..
Insolvent
::
Insolvent
(n.) One who is
insolvent;
as
insolvent
debtor;
-- in
England,
before
1861,
especially
applied
to
persons
not
traders..
Discharge
::
Discharge
(v. t.) Act of
relieving
of
something
which
oppresses
or
weighs
upon one, as an
obligation,
liability,
debt,
accusation,
etc.;
acquittance;
as, the
discharge
of a
debtor..
Seize
::
Seize (v. t.) To take
possession
of by
virtue
of a
warrant
or other legal
authority;
as, the
sheriff
seized
the
debtor's
goods..
Discuss
::
Discuss
(v. t.) To
examine
or
search
thoroughly;
to
exhaust
a
remedy
against,
as
against
a
principal
debtor
before
proceeding
against
the
surety..
Delegation
::
Delegation
(n.) A kind of
novation
by which a
debtor,
to be
liberated
from his
creditor,
gives him a third
person,
who
becomes
obliged
in his stead to the
creditor,
or to the
person
appointed
by him..
Hypotheca
::
Hypotheca
(n.) An
obligation
by which
property
of a
debtor
was made over to his
creditor
in
security
of his debt.
Debit
::
Debit (n.) A debt; an entry on the
debtor
(Dr.) side of an
account;
--
mostly
used
adjectively;
as, the debit side of an
account..
Debit
::
Debit (v. t.) To enter on the
debtor
(Dr.) side of an
account;
as, to debit the
amount
of goods
sold..
Debtor
::
Debtor
(n.) One who owes a debt; one who is
indebted;
--
correlative
to
creditor.
Extent
::
Extent
(n.) A
peculiar
species
of
execution
upon debts due to the
crown,
under which the lands and goods of the
debtor
may be
seized
to
secure
payment..
Dun
::
Dun (n.) An
urgent
request
or
demand
of
payment;
as, he sent his
debtor
a dun..
Hypothecation
::
Hypothecation
(n.) The act or
contract
by which
property
is
hypothecated;
a right which a
creditor
has in or to the
property
of his
debtor,
in
virtue
of which he may cause it to be sold and the price
appropriated
in
payment
of his debt. This is a right in the
thing,
or jus in re..
Garnishee
::
Garnishee
(n.) One who is
garnished;
a
person
upon whom
garnishment
has been
served
in a suit by a
creditor
against
a
debtor,
such
person
holding
property
belonging
to the
debtor,
or owing him
money..
Abscond
::
Abscond
(v. i.) To
depart
clandestinely;
to steal off and
secrete
one's self; -- used
especially
of
persons
who
withdraw
to avoid a legal
process;
as, an
absconding
debtor..
Debtee
::
Debtee
(n.) One to whom a debt is due;
creditor;
--
correlative
to
debtor.
Fugitive
::
Fugitive
(a.)
Fleeing
from
pursuit,
danger,
restraint,
etc.,
escaping,
from
service,
duty etc.; as, a
fugitive
solder;
a
fugitive
slave;
a
fugitive
debtor..
Trustee
::
Trustee
(v. t.) To
attach
(a
debtor's
wages,
credits,
or
property
in the hands of a third
person)
in the
interest
of the
creditor..
Dun
::
Dun (v. t. & i.) To ask or
beset,
as a
debtor,
for
payment;
to urge
importunately..
Adjudication
::
Adjudication
(n.) The
decision
upon the
question
whether
the
debtor
is a
bankrupt.
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