debitor Sentence Examples
- 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.
- It's essential for businesses to conduct thorough credit checks to minimize debitor defaults.
- The debitor's inability to pay off their debts led to legal action being taken against them.
- The accounting department is responsible for managing the debitor accounts efficiently.
- A debtor becomes a debitor upon obtaining goods or services on credit.
- Timely communication with debitors can often prevent financial disputes from escalating.
- 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.