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Discover LudwigThe phrase "a debtor" is correct and usable in written English.
It can be used in legal, financial, or economic contexts to refer to an individual or entity that owes money to another party.
Example: "The court ruled in favor of the creditor, stating that the debtor must repay the outstanding loan within 30 days."
Alternatives: "a borrower" or "an obligor".
Exact(58)
The usual solution when a debtor can't pay is bankruptcy.
A debtor state may tire of internal devaluation.
"This scheme is ineffective if a debtor country is insolvent.
The United States has become a debtor nation.
A debtor cannot challenge the interests of his creditors.
Can a debtor deal impartially with creditors' demands for stronger centralised controls?
Tense whispers swept the courtroom each time Judge Ward sent a debtor to jail.
That might actually be a little bad for the government as a debtor, he adds.
But Britain is not as deep a debtor as that headline figure from McKinsey suggests.
If a debtor chooses an inappropriate chapter, there can be serious implications.
But the relationship of a debtor nation to its creditors is necessarily multilateral.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com