a person who is in debt or under financial obligation to another (opposed to creditor ).

1250–1300; Middle English detto(u)r < Anglo-French dett(o)ur, de(b)tour, Old French det(t)or < Latin dēbitōr-, stem of dēbitor, equivalent to dēbi-, variant stem of dēbēre (see debt) + -tor -tor

nondebtor, noun
predebtor, noun Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
debtor (ˈdɛtə)
Compare creditor a person or commercial enterprise that owes a financial obligation

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Word Origin & History

early 13c., dettur, dettour, from O.Fr. detour, from L. debitorem (nom. debitor), from debere; see debt. The -b- was restored in later O.Fr., and in English c.1560-c.1660. The KJV has detter three times, debter three times, debtor twice and debtour once.
Online Etymology Dictionary, © 2010 Douglas Harper
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Bible Dictionary

Debtor definition

Various regulations as to the relation between debtor and creditor are laid down in the Scriptures. (1.) The debtor was to deliver up as a pledge to the creditor what he could most easily dispense with (Deut. 24:10, 11). (2.) A mill, or millstone, or upper garment, when given as a pledge, could not be kept over night (Ex. 22:26, 27). (3.) A debt could not be exacted during the Sabbatic year (Deut. 15:1-15). For other laws bearing on this relation see Lev. 25:14, 32, 39; Matt. 18:25, 34. (4.) A surety was liable in the same way as the original debtor (Prov. 11:15; 17:18).

Easton's 1897 Bible Dictionary
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Example sentences
All other debtors lose out in case of bankruptcy, unless they can prove fraud
  was involved.
In doing this, though, inflation helps debtors and spenders at the expense of
  creditors and savers.
Debtors of all kinds find that their securities are no longer the equal of
  their debts.
He languished in debtors' prison and struggled to support himself as a poet and
  a playwright.
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