debitor in a sentence
n.
📚 Grade Level: Grade 9, Grade 10, Grade 11, Grade 12
Definition
Debitor: a person or entity that owes money to another, typically in a financial context.
Crossword clues for debitor
Crossword clue ideas and answer hints for the word "debitor".
- Someone who owes money.
- A borrower in financial terms.
- Entity with an outstanding debt.
- Individual responsible for repayment.
- Person obligated to pay back.
Debitor sentence examples
- The debitor failed to make the payment by the due date, prompting a series of reminders.
- In the world of finance, a debitor is someone who owes money to a creditor.
- The accountant meticulously tracked each transaction to ensure no debitor was overlooked.
- Legal action was considered after the debitor consistently ignored requests for payment.
- To manage cash flow, the company decided to offer incentives for early payments from their debtors.