noun
One who owes a fixed sum of
money to another; a person or entity filing, or becoming the subject of, a
bankruptcy action.
debtor-in-possession
A debtor allowed by the bankruptcy court to continue operation of the
business during the proceedings.
joint debtors
Two or more persons both liable for the same debt.
judgment debtor
One who owes a sum of money to another by virtue of a judgment
that has previously been rendered.