Debtor: Canada Debt .ca defines Debtor

Bankruptcy Term Debtor

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Canada Debt has the definition to the bankruptcy and debt term Debtor. Finding answers to terms such as Debtor can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Debtor in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Debtor' is used as follows:

An entity that owes a debt of money, goods or services to someone else. The entity may be an individual, a firm, a government, a company or other legal person