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FromTheMoon [43]
3 years ago
8

What is Borrower or Debtor in Business Math?​

Social Studies
1 answer:
Black_prince [1.1K]3 years ago
6 0

Answer:

Explanation:

A debtor is a company or individual who owes money. If the debt is in the form of a loan from a financial institution, the debtor is referred to as a borrower, and if the debt is in the form of securities – such as bonds – the debtor is referred to as an issuer.

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