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Investments glossary

Debtor


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Quotes of the day:

Reality is the crutch for people who can\'t cope with drugs.

— Lily Tomlin

A debtor is a company or individual who owes money. If the debt is in the form of a loan from a financial institution, the debtor is referred to as a borrower, and if the debt is in the form of securities – such as bonds – the debtor is referred to as an issuer. Legally, someone who files a voluntary petition to declare bankruptcy is also considered a debtor.


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