Examlex
Briefly explain what specific details the Fed outlined in the policy rule from December 2012.
Judgment Debtor
An individual or entity ordered by a court to pay a sum of money to another as a result of a legal judgment.
Creditor
An individual or institution to whom money is owed by a debtor.
Guarantor
A person or entity that agrees to be responsible for another's debt or performance under a contract if the original party fails to meet their obligations.
Debtor
An individual or organization that owes money to another party, often referred to in contexts involving loans or credit.
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