Definition, Meaning & Synonyms
debtee
noun
/ˈdɛbti/
Definition
A person or entity to whom money is owed.
Examples
- The debtee requested payment by the end of the month.
- In a financial agreement, the debtee typically has the right to collect the owed amount.
- Knowing your rights as a debtee can help in recoveries of dues.
Meaning
The term ‘debtee’ refers to an individual or organization that has lent money, goods, or services and is expecting repayment.
Synonyms
- creditor
- lender
- payee
