asked 150k views
4 votes
What is Borrower or Debtor in Business Math?​

1 Answer

6 votes

Answer:

Step-by-step explanation:

A debtor is a company or individual who owes money. If the debt is in the form of a loan from a financial institution, the debtor is referred to as a borrower, and if the debt is in the form of securities – such as bonds – the debtor is referred to as an issuer.

answered
User Gospes
by
7.3k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.