| Noun | 1. | debtor - a person who owes a creditor; someone who has the obligation of paying a debtmortgager, mortgagor - the person who gives a mortgage in return for money to be repaid; "we became mortgagors when the bank accepted our mortgage and loaned us the money to buy our new home" creditor - a person to whom money is owed by a debtor; someone to whom an obligation exists | |