Meaning of the word debtor in English

What does debtor mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

debtor

US /ˈdet̬.ɚ/
UK /ˈdet̬.ɚ/

Noun

1.

a person or institution that owes a sum of money.

Example:
generally, debtors must negotiate with each creditor separately
Synonym:
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