Debtor

RECENT NEWS
The Economic Times  Aug 19  Comment 
RBI's earlier efforts met with some success but eventually it was still hard for creditors to change defaulting debtors, said Arun Jaitley.
The Economic Times  Jun 12  Comment 
The govt is 'actively working' toward consolidation of public sector banks, said FM Jaitley. He, however, refused to provide details.
Financial Times  Mar 1  Comment 
Property developer says he is victim of ‘untrue, unpleasant and misleading allegations’
Wall Street Journal  Mar 18  Comment 
Property developer Kaisa’s latest debt restructuring has the biggest shareholder losing very little.
newratings.com  Feb 29  Comment 
LONDON (dpa-AFX) - N Brown Group plc (BWNG.L) Monday announced a restatement of its debtor impairment provisions and consequent increases to reported profits. The company said the restatement has no impact on its business operations; however there...
New York Times  Sep 18  Comment 
An appellate court’s opinion suggests a flexibility in 363 sales that may not exist in traditional reorganization plans.
SeekingAlpha  May 1  Comment 




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Debtor

Persons or state to whom owes money. [1] The counterparty is called a creditor. [2] A debtor is a person who owes money, and a creditor is a person to whom it is owed. [3]

A debtor is said to be insolvent when unable to meet the obligations its debts. A debtor is said to bankrupt when declared insolvent by a court. [1]

13c from detour, a debter [2] debt 13c from "thing owed "to owe," originally, "keep something away from someone. [3]

References

  1. Wall Street words: an A to Z guide to investment terms for today's investor‬ By David Logan Scott pg88
  2. ‪Wall Street words: an A to Z guide to investment terms for today's investor‬ By David Logan Scott pg96
  3. Bankruptcy and Debtor/Creditor: Examples and Explanations (Examples & Explanations) by Brian A. Blum ISBN-10: 0735561842 pg2
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