Basic Details
Word: Debtor
Part of Speech: Noun
Meaning: A person or organisation that owes money to someone else.
Synonyms: Borrower, Obligated party
Antonyms: Creditor, Lender
Idioms and Phrases
- In debt up to my ears: To owe a large amount of money. Example: "After buying a new car and a new house, I found myself in debt up to my ears."
- Avoiding the debtor's prison: To stay out of financial trouble. Example: "By budgeting wisely, she is avoiding the debtor's prison and managing her finances well."
Usage Examples
Example 1: The debtor promised to pay back the loan within six months.
Example 2: Many debtors find it hard to manage their finances when interest rates increase.
Example 3: The bank sends reminders to each debtor about their due payments.
Fun Fact
Did you know that in historical times a debtor's prison was a real place where people were imprisoned until they could pay off their debts? This practice is no longer legal in most countries.
Famous Quote
"The best way to avoid being a debtor is to start saving money." Unknown
Multiple Choice Questions (MCQs)
1. What does "debtor" mean?
a) A person who lends money
b) A person or organisation that owes money
c) A type of currency
d) A financial advisor
Answer: b) A person or organisation that owes money
2. Which of these is a synonym of "debtor"?
a) Lender
b) Borrower
c) Investor
d) Creditor
Answer: b) Borrower
3. What is an antonym of "debtor"?
a) Lender
b) Borrower
c) Investor
d) None of the above
Answer: a) Lender
4. Which sentence uses "debtor" correctly?
a) The debtor danced at the party.
b) The debtor has a garden with flowers.
c) The debtor has agreed to repay the loan.
d) The debtor played soccer yesterday.
Answer: c) The debtor has agreed to repay the loan.
5. Which idiom refers to having a large amount of debt?
a) In debt up to my ears
b) Avoiding the debtor's prison
c) A penny saved is a penny earned
d) An arm and a leg
Answer: a) In debt up to my ears
