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LSDefine

Simple English definitions for legal terms

debtee

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A quick definition of debtee:

A debtee is someone who is owed money or goods by another person or entity. They are also known as a creditor. This can include anyone who has a claim against someone else, such as a bank or a person who has loaned money to a friend. A debtee may have a right to take legal action to collect the debt if it is not paid back.

A more thorough explanation:

Definition: A person or entity to whom a debt is owed; one who gives credit for money or goods.

Example: John borrowed $500 from Mary and now he owes her the money. Mary is John's debtee.

This term is an archaic version of the word "creditor". It refers to someone who has given credit to another person or entity and is owed money or goods in return. For example, if a person borrows money from a bank, the bank becomes their debtee. The term can also be used in legal contexts, such as in bankruptcy cases where a debtee is someone who has a claim against the debtor.

debt consolidation | debt-equity ratio

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awman i was hopign to come home to a ucla wave
is it too late? its 2pm there
OMG U MEAN A NEW ALBUM OMGG NOW I CAN BE DISTRACTED AGAIN
shaquilleoatmeal
17:14
Nah not a Garmin, Apple watch
We not gonna see splitterus for 4 hrs
HAHAHAHHA
MRS CLITTERUS
JumpySubsequentDolphin
17:17
I’ve barely gotten through chromakopia I can’t deal with another album drop rn
JumpySubsequentDolphin
17:17
this is so stressful
wait but actually is there no wave today
i dont really like chromakopia that much i also havent gotten thru it
JumpySubsequentDolphin
17:18
idk splitty :(
if there's no gtown today that would be so cruel
surely gtown 12 minutes from now
I'm a chromokopia fan, but I don't like Tyler outside of that album
theres the spirit!!
JumpySubsequentDolphin
17:18
@SplitterusClitterus: did you like cmiygl? that’s one of my all time fave albums
Kind of a controversial take. I like experimental albums a lot
babycat
17:19
liking chromakopia and not Tyler's other stuff is crazy to me
JumpySubsequentDolphin
17:19
perhaps im biased bc i saw him live when he performed cmiygl for the first time
i think it is a controverisal take and i usually do too, i also think im giving an opinion too early cuz i habvent finished it at all
yeah seeing him live prob makes it a million times better
Thought I was dead is great raps
2024 such a great year for rap
JumpySubsequentDolphin
17:21
i like noid
even outside the beef. Noid is great too
JumpySubsequentDolphin
17:22
boogies album was the worst ever
JumpySubsequentDolphin
17:22
and i LOVE boogie
JumpySubsequentDolphin
17:23
like i would do anything for one chance w that man but better off alone and me vs myself were both not good
He's never really been my style tbh
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