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- Dictionarycreditor/ˈkrɛdɪtə/
noun
- 1. a person or company to whom money is owing: "he sold his Ferraris to pay off his creditors"
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a person, organization, or government that is owed money: Filing for bankruptcy protection allows the company to avoid paying creditors while it works out a plan to reorganize. a big / large / major creditor.
Feb 20, 2023 · A creditor is an individual or institution that extends credit to another party to borrow money usually by a loan agreement or contract. Creditors such as banks can repossess...
The meaning of CREDITOR is one to whom a debt is owed; especially : a person to whom money or goods are due. How to use creditor in a sentence.
a person, organization, or government that is owed money: Filing for bankruptcy protection allows the company to avoid paying creditors while it works out a plan to reorganize. a big / large / major creditor.
noun. a person or firm to whom money is due ( debtor ). a person or firm that gives credit in business transactions. Bookkeeping. credit ( def 11b, 11c ). creditor. / ˈkrɛdɪtə / noun. a person or commercial enterprise to whom money is owed Compare debtor. creditor. One to whom a debt is owed. Discover More. Other Words From. cred i·tor·ship noun.
A provisional liquidator can either restructure or liquidate assets and distribute proceeds to creditors. A creditor is an organization or person who people owe money to. Collins COBUILD Key Words for Accounting .
CREDITOR definition: a person or organization that someone owes money to. Learn more.
4 days ago · noun. a person to whom money is owed by a debtor; someone to whom an obligation exists. see more. Cite this entry. Style: MLA. "Creditor." Vocabulary.com Dictionary, Vocabulary.com, https://www.vocabulary.com/dictionary/creditor. Accessed 16 Jul. 2024. Copy citation. Examples from books and articles. loading examples... Word Family.
A creditor or lender is a party (e.g., person, organization, company, or government) that has a claim on the services of a second party. It is a person or institution to whom money is owed. [1]
Definition of creditor noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.