debtors

Those who owe

Debtors are people or entities that owe money to others.

The term appears most often in legal, financial, and accounting contexts: The company's debtors failed to pay on time.

A debtor owes; a creditor is owed.

In biblical and religious usage, debtors may owe moral or spiritual obligations: Forgive us our debts, as we forgive our debtors.

legal

bankruptcy

Legal status when insolvent

lien · judgment · collections · dunning · repossession · seizure · attachment · receivership · discharge

obligation

liability

Legal or financial obligation

interest · installment · payment · dues · deficit · shortfall · outstanding · owed · encumbrance

status

insolvent

Unable to pay debts

overdue · behind · arrears · underwater · overleveraged · upside-down · solvent · current

actions

default

Preset standard option

restructure · consolidate · refinance · negotiate · liquidate · foreclose · garnish · collect · dun

historical

workhouse

Institution housing poor laborers

Dickensian · poorhouse · gaol

Categories
Opposites
financial obligation role

debtorscreditors

Those owed payment

lenders · moneylenders · loan sharks · mortgagees · bondholders

Phrases
Family

debtor

Familiarity
Top 100,000
Profile
Used worldwide · Timeless · Concrete · Negative · Everyday, not technical · Rated G