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Difference Between Creditor and Debtor

June 4, 2011Posted byAron

Creditor vs Debtor Creditor and Debtor are two terms that have to be understood with difference. They are two important terms often used in business circles. They have different meanings and connotations. A creditor is a person who lends money and hence is a person to whom a debt owes. A debtor is a person […]

Filed Under:AccountingTagged With:borrow,borrower,Credit,Creditor,debt,Debtor,lend,lender

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