Jan 29, 2025 · A creditor is an individual or institution that extends credit to another party to borrow money usually by a loan agreement or contract. Creditors are commonly classified as personal or real.

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]

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 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 .

Creditor definition: . See examples of CREDITOR used in a sentence.

CREDITOR meaning: 1. someone who money is owed to: 2. someone who money is owed to: 3. a country, organization, or…. Learn more.

Definition of creditor noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.

CREDITOR definition: a person or organization that someone owes money to. Learn more.

A creditor is called a “simple contract creditor,” a “specialty creditor,” a “bond creditor,” or otherwise, according to the nature of the obligation giving rise to the debt. Other compound and descriptive terms.

A creditor is an organization or person who people owe money to. The company said it would pay in full all its creditors . A provisional liquidator can either restructure or liquidate assets and …