debitor Sentence Examples

  1. As a creditor, it's crucial to keep track of each debitor's repayment schedule.
  2. The debitor failed to meet the deadline for settling their outstanding balance.
  3. The company's financial statements indicate a significant increase in debitors this quarter.
  4. The bank sent a reminder notice to the debitor regarding their overdue loan payment.
  5. It's essential for businesses to conduct thorough credit checks to minimize debitor defaults.
  6. The debitor's inability to pay off their debts led to legal action being taken against them.
  7. The accounting department is responsible for managing the debitor accounts efficiently.
  8. A debtor becomes a debitor upon obtaining goods or services on credit.
  9. Timely communication with debitors can often prevent financial disputes from escalating.
  10. The company implemented stricter policies to reduce the number of delinquent debitors.

debitor Meaning

Wordnet

debitor (n)

a person who owes a creditor; someone who has the obligation of paying a debt

Webster

debitor (n.)

A debtor.

Synonyms & Antonyms of debitor

No Synonyms and anytonyms found

FAQs About the word debitor

a person who owes a creditor; someone who has the obligation of paying a debtA debtor.

No synonyms found.

No antonyms found.

As a creditor, it's crucial to keep track of each debitor's repayment schedule.

The debitor failed to meet the deadline for settling their outstanding balance.

The company's financial statements indicate a significant increase in debitors this quarter.

The bank sent a reminder notice to the debitor regarding their overdue loan payment.