Define the following terms (Google does not always give the correct definition)

Define the following words and terms.

Asset :

Income :

Capital (when referred to in equity) :

Expenses :

Profit :

Income on credit :

Expenses on credit :

Debtor :

Creditor :

Transaction :

Drawings :

Liability :

What's the difference between creditor and loan when referring to liability?

What is the difference between debtor and bank when referring to assets?