What is the meaning of debtor?

1. A party who owes money or other performance to another party. Under the UCC,' debtor' includes the seller of accounts or chattel paper. 2. For the purposes of UCC provisions dealing with collateral, debtor also applies to the owner of collateral given as security for the debt of another.

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APABarry Goldsmith. (2010). debtor. Retrieved September 20, 2026, from http://smartdefine.org/debtor/definitions/1151590
ChicagoBarry Goldsmith. 2010. "debtor" http://smartdefine.org/debtor/definitions/1151590 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, debtor, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/debtor/definitions/1151590>.
MLABarry Goldsmith. "debtor" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/debtor/definitions/1151590>
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