What Is a Creditor, and What Happens If Creditors Aren't Repaid?
WEBFeb 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...
Difference Between Debtors and Creditors (with examples)
WEBDebtors and Creditors are both critical financial indicators and important parts of the financial statements of a company. Debtors form part of the current assets while creditors are shown under the current liabilities.
Creditor Definition & Meaning - Merriam-Webster
WEBcreditor. noun. cred· i· tor ˈkre-də-tər, -ˌtȯr. : a person to whom a debt is owed. especially : a person to whom money or goods are due compare debtor, obligor. — general creditor. : a creditor who is not secured by a lien or other security interest. called also unsecured creditor. — judgment creditor.
Creditor - Wikipedia
WEBA 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]
CREDITOR | English meaning - Cambridge Dictionary
WEBCREDITOR | English meaning - Cambridge Dictionary. Meaning of creditor in English. creditor. noun [ C ] uk / ˈkred.ɪ.tə r/ us / ˈkred.ɪ.t̬ɚ / Add to word list. someone who …
creditor | Wex | US Law | LII / Legal Information Institute
WEBA creditor is someone (or an entity) to whom an obligation is owed. Most commonly, the obligation owed is an obligation to pay money for some prior services or to pay off a loan. The person who owes a creditor an obligation is known as a debtor .
What is a creditor? | AccountingCoach
WEBDefinition of Creditor. A creditor could be a bank, supplier or person that has provided money, goods, or services to a company and expects to be paid at a later date.
CREDITOR | definition in the Cambridge English Dictionary
WEBa 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 …
CREDITOR Definition & Meaning | Dictionary.com
WEBnoun. 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.
creditor noun - Definition, pictures, pronunciation and usage …
WEBa person, company, etc. that somebody owes money to. The property will be sold to pay off their creditors. compare debtor. Oxford Collocations Dictionary. Word Origin. Want to learn more?
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