Françoise Clementi

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debtor

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Tags: payments

An entity that owes a debt to another entity. The entity may be an individual, a firm, a government, a company or other legal person. The counterparty is called a creditor. When the counterparts of this debt arrangement is a bank, the debtor is more often referred to as a borrower.
(source: http://en.wikipedia.org/wiki/Debtor)

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