Debtee

//dɛˈtiː//

"Debtee" in a Sentence (2 examples)

If a person indebted to another makes his creditor or debtee his executor , or if such a creditor obtains letters of administration to his debtor ; in these cases the law gives him a remedy for his debt by allowing him to retain so much as will pay himself

The debtee also relies on the debtor to be financially successful themselves to pay the instalments of the debt as necessary.

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