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Creditors/debtors

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Why are creditors called creditors but debtors aren't called debitors?

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By I'msorryIhaven'taclue
16th Oct 2020 15:58

They are called debitors (according to the font of wisdom that is Wikipedia):

A debtor or debitor is a legal entity (legal person) that owes a debt to another entity.

https://en.wikipedia.org/wiki/Debtor

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By John Isabel
16th Oct 2020 16:15

According to the typist at my last firm they often are called debitors.

Worse still, there terms are seemingly interchangeable depending not on what i wanted typed, but more on what she feels like typing that day.

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Replying to John Isabel:
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By Paul Crowley
16th Oct 2020 19:48

We had a 'typist' with the computer set to USA spelling
'Company' caused particular problems

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Psycho
By Wilson Philips
16th Oct 2020 16:18

A creditor is owed a credit

A debtor owes a debt

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By Paul Crowley
16th Oct 2020 19:45

Because we are British.
In the USA spellings were changed because their first dictionary was written by someone who figured out for himself what the spelling should be and ignored existing British dictionaries
Webster 1806, 20 years after being released from British citizenship

English dictionaries go back a further 200 years

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By New To Accountancy
18th Oct 2020 13:12

I agree, this type of stuff is what made learning hard for me, everything seemed to be the opposite. I now get confused when it's the right way around. Doing reverse journals are currently my 'ok let's say this out loud and it'll make sense' moments. I wonder if I'll ever be able to work without my T accounts too.

I sometimes feel like I'm reversing down a tight path with a trailer on the back of my car, every turn needs to be the opposite to how it looks.

(But yes your original question is another weird one).

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