Debtor

id: debtor-173-16499191
title: Debtor
text: A debtor or debitor is a legal entity that owes a debt to another entity. The entity may be an individual, a firm, a government, a company or other legal person. The counterparty is called a creditor. When the counterpart of this debt arrangement is a bank, the debtor is more often referred to as a borrower. If X borrowed money from their bank, X is the debtor and the bank is the creditor. If X puts money in the bank, X is the creditor and the bank is the debtor. It is not a crime to fail to pay
brand slug: wiki
category slug: encyclopedia
description: A legal entity that owes debt to another entity
original url: https://en.wikipedia.org/wiki/Debtor
date created: 2004-08-27T10:29:07Z
date modified: 2024-09-02T11:57:56Z
main entity: {"identifier":"Q157470","url":"https://www.wikidata.org/entity/Q157470"}
image:
fields total: 13
integrity: 15

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