- Amounts owed to a company by its customers and other third parties. Debtors are shown as part of current assets in a company's balance sheet. Dresdner Kleinwort Wasserstein financial glossary
* * *Ⅰ.debtors [plural] UK (US receivables)► ACCOUNTING, FINANCE the money that is owed to a company and that is shown in its accounts as an asset: »
When a client is issued with a bill, the amount on the bill should be entered as debtors in the firm's accounts.Main Entry: ↑debtorⅡ.debtors UK US /ˈdetəz/ noun [plural] ACCOUNTING
Financial and business terms. 2012.