Difference between revisions of "Glossary for Consumer Law Essentials"

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*'''creditor:''' Person who is owed an amount of money.  
*'''creditor:''' Person who is owed an amount of money.  


*'''debt:''' An amount of money a person may owe.  
*'''debt:''' A sum of money or an obligation owed by one person to another. A "debtor" is a person responsible for paying a debt; a "creditor" is the person to whom the debt is owed.  


*'''debtor:''' Person who owes money.  
*'''debtor:''' Person who owes money.  

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