Claimant vs Debtor - What's the difference?
claimant | debtor |
One who claims; one who makes a claim.
*{{quote-book, year=1905, author=
, title=
, chapter=2 (UK) A person receiving money from the government, in a form of unemployment benefits, disability benefits or similar.
(legal) The party who initiates a lawsuit before a court.
(economics) A person or firm that owes money; one in debt; one who owes a debt
(legal) One who owes another anything, or is under obligation, arising from express agreement, implication of law, or principles of natural justice, to pay money or to fulfill some other obligation; in bankruptcy or similar proceedings, the person who is the subject of the proceeding.
In legal|lang=en terms the difference between claimant and debtor
is that claimant is (legal) the party who initiates a lawsuit before a court while debtor is (legal) one who owes another anything, or is under obligation, arising from express agreement, implication of law, or principles of natural justice, to pay money or to fulfill some other obligation; in bankruptcy or similar proceedings, the person who is the subject of the proceeding.As nouns the difference between claimant and debtor
is that claimant is one who claims; one who makes a claim while debtor is (economics) a person or firm that owes money; one in debt; one who owes a debt.claimant
English
Noun
(wikipedia claimant) (en noun)citation, passage=“Two or three months more went by?; the public were eagerly awaiting the arrival of this semi-exotic claimant to an English peerage, and sensations, surpassing those of the Tichbourne case, were looked forward to with palpitating interest. […]”}}
