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vovikov84 [41]
2 years ago
5

What is the distinction between debtor and creditor?​

Business
2 answers:
dezoksy [38]2 years ago
8 0

Debtor → <u>A company or individual who owes money.</u>

Creditor → <u>A person to whom a debt is owed especially.</u>

  • Basically the debtor is the borrower and the creditor is the lender.

\large{\red{\bold{ { \underline{\overline{{ \purple{hope \: this \: helps \: you \: \:}}}}}}}}

igor_vitrenko [27]2 years ago
6 0

Answer:

A creditor is a person who lends money or extends credit to another person.  A debtor is a system or person that owes money to another orginization or party (AKA a company or individual who owes money.)

Explanation:

Hope this helps you! Good luck :)

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Answer:

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Explanation:

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Answer:

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