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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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<h3>What is forced ranking?</h3>
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Know more about forced ranking here:

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The correct question is given below:
Eddie was surprised to learn that not everyone would receive a bonus this year. Instead, management planned to rank all of the employees in Eddie's division and award bonuses only to the top 20 percent in terms of sales. Eddie's company is using a(n) ______ performance review system.

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