debitor
- noun
- /ˈdɛbɪtər/
- Archaic
- The debitor failed to repay the amount by the agreed deadline.
Examples
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Lawyers advised the debitor on possible options for settling the outstanding debt.
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In the contract, the rights and responsibilities of the debitor are clearly defined.
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The debitor failed to make the payment on time.
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Can a debitor negotiate a lower interest rate?
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The debitor struggled to keep up with the monthly payment schedule.
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After the meeting, the debitor agreed to a repayment plan with the bank.
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Every debitor must understand their obligations before signing a loan agreement.
Synonyms
A person who takes money or things and plans to give them back
A person or organization that owes money to someone else
A person who must repay money they borrowed
A person or bank that agrees to pay a bill when it is due
Antonyms
Surface Forms
Morphology
Etymology
Debitor comes from the Latin verb debere, which means 'to owe', and it shares the same idea as the English words debt and debit. So, a debitor is simply a person who 'owes' money to someone else.