The phrase
"primary debtor" refers to a person or entity who is primarily responsible for repaying a debt. They are the main person or organization that owes the money and has the main obligation to pay it back.
Full definition
Synonyms for individual words can be found below.
«primary»
«debtor»
Sentences with «primary debtor»
- Instead, they would both usually be primary debtors on the loan. (law.stackexchange.com)
- You also have no recourse against the primary debtor. (alephblog.com)
- You get no benefit from the loan that is made, but you are liable for full repayment of the loan should the primary debtor refuse to pay. (alephblog.com)
- (see all
sentences)