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Bookmark or Share- Creditor Definition & Meaning - Merriam-Webstercreditor. 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 | English meaning - Cambridge Dictionarya 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.
- What Is a Creditor, and What Happens If Creditors Aren't Repaid?Key Takeaways. 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...
- What is a creditor? | AccountingCoachDefinition 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. In other words, the company owes money to its creditors and the amounts should be reported on the company's balance sheet as eithe...
- CREDITOR Definition & Meaning | Dictionary.comnoun. 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.
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