HomeDefinitionsCompareDebt DebtorThe financial definition for Debtor:Borrower of money. Similar MatchesDebtor in possessionDebtor in possessionA firm that continues to operate under the Chapter 11 bankruptcy process. Debtor in possession financingDebtor in possession financingNew debt obtained by a firm during the Chapter 11 bankruptcy process, Federal Bankruptcy Rule 4001 (c)(1). This financing is unique because it is secured, that is, it has priority over existing debt, equity and other claims. Click to compare definitions of Debtor Click to view definitions beginning de |