debtor
noun
uk/ˈdetər/ us [ C ]
a person, country, or organization that owes money:
The Federal Deposit Insurance Corporation was appointed receiver of the debtor's assets.
debtor countries/nations
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creditor
debtors [ plural ] UK ( US receivables)
ACCOUNTING, FINANCE
the money that is owed to a company and that is shown in its accounts as an asset:
When a client is issued with a bill, the amount on the bill should be entered as debtors in the firm's accounts.
Compare
creditor
See also
judgment debtor
sundry debtor