Debitor is a term that is commonly used in accounting and finance to refer to a person or entity who owes money to another person or entity. There are several different synonyms for the word debitor, including debtor, owing party, and borrower. Other possible synonyms for this term include owing individual, credit receiver, and liability holder. In many cases, these different terms are used interchangeably to refer to someone who owes money to another party, whether it is an individual or a business. When discussing financial matters, it is important to use the proper terminology to ensure that everyone understands the nature of the debt and the obligations that are involved.