All contracts in which the person or the land of the debtor had been given as security were cancelled.
The debtor became the slave of his creditor, and was held in this state until he could pay his debt, either in money or in labor.
Now the stranger was Ghanim, son of Ayyub, but the Chief had no knowledge of him and thought him to be some wandering pauper, some debtor whose wealth had been taken from him, or some lover parted from his beloved.
If a debtor offered payment in gold, the creditor might either reject such payment altogether, or accept of it at such a valuation of the gold as he and his debtor could agree upon.
In the case of a war, the very first act of hostility on the part of the debtor nation might be the forfeiture of the funds of its creditor.
The bank cannot be debtor to two persons for the same thing; and the owner of bank money who has no receipt, cannot demand payment of the bank till he buys one.
The creditor will not lend his money for less than the use of it is worth, and the debtor must pay him for the risk which he runs by accepting the full value of that use.
The debtor being obliged to pay, not only for the use of the money, but for the risk which his creditor runs by accepting a compensation for that use, he is obliged, if one may say so, to insure his creditor from the penalties of usury.
Marmaduke Johnson, a poor debtor in Lud Gate the year before the Restoration, wrote a curious account of the prison, which Strype printed.
And if the debtor pay not at the day fixed for him .
Chancellor shall send a writ to the sheriff in whose bailiwick the debtor shall have moveables, and the sheriff shall cause satisfaction to be made to the creditor.
For the men of Lisle there came one Alard of Leeuw and showed a charter of the lord the King for himself only, stating that he should not be distrained unless he were a principal debtor or surety.
And if the debtor have no moveables wherefrom the debt can be levied, then his body shall be taken, wheresoever he be found, and kept in prison until he have made satisfaction, or his friends for him.
And if the debtor have no moveables in the power of the mayor from which the debt can be levied, but have the same elsewhere in the realm, then the mayor shall send to the Chancellor .
At the first stage A B may say to his debtor C D, 'I cannot take your cheque, I must have bank-notes.
If a burgess have lent anything of his to a foreigner, let the debtor restore it in the borough if he admits the debt, if he denies it, let him justify himself in the borough.
That none of them be distrained by any without the said city for the repayment of any debt to any person for which he is not capital debtor or surety.
Merchants could obtain a writing of a debt sealed by thedebtor and authenticated by royal seal or a seal of a mayor of certain towns, and kept by the creditor.
No burgess may be confined or distrained any where else within my land or power for any debt, unless he is a debtor or surety (to avoid a person owed a debt from distraining another person of the town of the debtor).
In no city, borough, town, market, or fair shall a person of the realm be distrained for a debt for which he is not the debtor or pledge.
And, if they desire, they shall hold the debtor's lands and rents until they have received satisfaction of that which they had paid for him, unless the debtor can show that he has discharged his obligation to them.
Nor shall the debtor's sureties be distrained as long as the debtor is able to pay the debt.
A debtor may not engage in a fraudulent collusion to sell his land and goods in order to avoid his creditors.
Russia and Italy weredebtor nations and had to borrow even before the war in order to balance their foreign accounts.
The Debtor Clearing Office will therefore credit the Creditor Clearing Office with all debts admitted, even in case of inability to collect them from the individual debtor.
One of the financial effects of the war was the transformation of the United States from a debtor to a creditor nation.
In the latter case the Debtor Clearing Office will give the grounds for the non-admission of debt.
The Creditor Clearing Office will notify the Debtor Clearing Office of all debts declared to it.
Recovery of sums found by the Mixed Arbitral Tribunal, the court, or the arbitration tribunal to be due shall be effected through the clearing offices as if these sums were debts admitted by the Debtor Clearing Office.
The Debtor Clearing Office will, in due course, inform the Creditor Clearing Office which debts are admitted and which debts are contested.
When a debt has been admitted, in whole or in part, the Debtor Clearing Office will at once credit the Creditor Clearing Office with the amount admitted, and at the same time notify it of such credit.
Except for special reasons all discussions in regard to claims will, so far as possible, take place at the Debtor Clearing Office.
He was satisfied to be deeply the debtor of his friend, but he could not struggle between what he felt to be a fitting gratitude, and that resolute determination to assert what he believed to be true at any cost.
Easily and unobtrusively marking your taste for this or preference for that, he would contrive that your liking should be gratified, as though by mere accident, and never let you know yourself a debtor for the attentions bestowed upon you.
I know I'd be very much her debtor for any show of present tenderness, and give it under my hand never to bear the slightest malice whenever it pleased her to change her mind.
Thus in the statement of his account he is represented as a debtor of the Government in that amount.
My father's honour is mine, Master Wheatman, and I am your debtor for another splendid courtesy.
I am your very grateful debtor for a very fine and courageous action.
And straightway on that day before the sun sets he shall go with witnesses to the house of the debtor and ask him to pay the debt.
It was an account of debtor and creditor then with him, how he should act; on the one side lay the penalties, on the other the rewards of his venture--how was he to escape the one and secure the other?
He proceeds to violent threats, and slangs his debtor roundly.
Fox, debtor and bankrupt as he was, had taken lodgings with Fitzpatrick at an oilman's in Piccadilly.
Y: If the debtoris in a difficulty, grant him time Till it is easy for him to repay.
To them, therefore, are we bound as debtor to creditor, as just man to benefactor.
To punish a horse-thief or prosecute a debtor one was sometimes compelled to travel a distance of several hundred miles, and be subjected to all the dangers and delays incident to a wild country.
The primeval creditor forced his debtor to pay because he knew that if the latter didn't pay he (the creditor) would suffer.
Drafts or bills of exchange were given and passed current as money, without notice to the debtor of the transfer.
Courts of equity long ago permitted the debtor to file a petition in a court of equity asking that the property be reconveyed to him upon payment of the debt, and damages due the creditor.
Some mortgages by express stipulation give the creditor or mortgagee the right to seize the property and sell same upon default of the debtor to pay.
By a chattel mortgage, a transfer of title to personal property is made by a debtor to a creditor as security for a debt.
At common law, the creditor had possession of the property from the time the mortgage was given, unless it was expressly agreed that the debtor was to remain in possession.
When the debtor fails to pay the debt when it is due, absolute title to the property vests in the mortgagee or creditor.
In case of a chattel mortgage, possession remains in the debtor, while title passes to the creditor subject to revesting in the debtor upon payment of the debt secured.
The law, however, permits the debtor or mortgagor to pay the debt at any time before actual sale of the property by the mortgagee, together with interest and expenses, and thus secure the title to the mortgaged property.
If the debtor has no real property used as a home, he is sometimes permitted to retain a certain amount of personal property in place thereof.
After this proceeding has been resorted to and completed, the debtor cannot enforce his equity of redemption.
A surety's obligation is absolute, and not conditional in any way upon the failure or inability of the principal debtor to pay.
The above list will hopefully give you a few useful examples demonstrating the appropriate usage of "debtor" in a variety of sentences. We hope that you will now be able to make sentences using this word. Other words: debt; financing; touching
