Question

who is a debtor ???????​

Answer 1

Answer:

A debtor is a person, company, or other entity that owes money. In other words, the debtor has a debt or legal obligation to pay the amount owed.

Example of Debtor

If a company borrows $10,000 from a bank, the company is the debtor and the bank is the

Answer 2

Answer:

a debtor is an entity that owes a dept to another entity. the entity may be individual,a firm, a govt. a company or other legal person. the counter party is called a creditor . when the counter part of this dept arrangements is a bank the debtor is more often referred to as a borrower.

Hope it works.