debtor

noun2

1. •
   A person or firm that owes money; one in debt; one who owes a debt.

   • The debtor agreed to repay the loan within six months.
   • The law protects both the debtor and the creditor.
2. •
   One who owes another anything, or is under obligation, arising from express agreement, implication of law, or principles of natural justice, to pay money or to fulfill some other obligation; in bankruptcy or similar proceedings, the person who is the subject of the proceeding.

   • As a debtor, he faced constant letters from the bank.