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Glossary   >   D   >   "Debtor" Definition            Debtor A company or individual that owes money. A person or company owing money to another person or company. A company is therefore owed money by its debtors and the people it owes money to are its creditors. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Debtor \ A company or individual that owes money.

A person or company owing money to another person or company. A company is therefore owed money by its debtors and the people it owes money to are its creditors.