Who were people that owe money?

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1091469

2026-03-16 01:15

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People who owe money are often referred to as debtors. This can include individuals with personal loans, credit card debt, or mortgages, as well as businesses that have borrowed funds for operations or expansion. Debtors are obligated to repay the borrowed amount, often with interest, according to the terms agreed upon with their creditors. Additionally, entities such as governments can also be considered debtors when they issue bonds or take loans.

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