Topic: Creditor and Definition
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Answers to Common Questions
What is the definition of sundry creditor?
You may have a category of sundry, or miscellaneous, creditors on the books for occasional or small vendor relationships, rather than setting up a separate vendor account for these infrequent.Its very simple .in simple words companies money... Read More »
Source: http://wiki.answers.com/Q/What_is_the_definition_of_sundry_credit...
What is the definition of debtors and creditors?
Debtors are people who owe money to creditors. Creditors are people who are owed money by debtors. For example, the bank is a creditor allowing people to take out loans and the people taking out the loans are the debtors. Read More »
Source: http://wiki.answers.com/Q/What_is_the_definition_of_debtors_and_c...
What is the definition of creditors?
Creditors:1:a person to whom money is owed by a debtor; someone to whom an obliga... Read More »
Source: http://www.chacha.com/question/what-is-the-definition-of-creditor...
More Common Questions
Answers to Other Common Questions
The person to whom you have sold goods.(Consumer is the debtor.)
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Source: http://wiki.answers.com/Q/What_is_the_definition_of_sundry_debtor...
Creditors clerk is there to keep suppliers happy Anonymous
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Source: http://www.blurtit.com/q156733.html
A person or company to whom one owes money. A creditor may be a bank or another company. In the case of bonds and personal debt, the creditor is often an individual. A creditor may be secured, meaning that the debt has a collateral, or unse...
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Source: http://financial-dictionary.thefreedictionary.com/creditor
An individual to whom an obligation is owed because he or she has given something of value in exchange. One who may legally demand and receive money, either through the fulfillment of a contract or due to injury sustained as a result of ano...
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Source: http://legal-dictionary.thefreedictionary.com/creditor
An equitable proceeding initiated by a person who have obtained—and is entitled to enforce—a money judgment against a debtor to collect the wage of a debt that cannot be reached through run of the mill legal procedures.
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Source: http://www.faqvip.com/legal/7642-3-legal.html
A contract made by an insolvent or financially pressed debtor with two or more creditors in which the creditors agree to accept one specific partial payment of the total amount of their claims, which is to be divided pro rata among them in ...
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Source: http://legal-dictionary.thefreedictionary.com/Composition+with+Cr...
An equitable proceeding initiated by a person who has obtained—and is entitled to enforce—a money judgment against a debtor to collect the payment of a debt that cannot be reached through normal legal procedures. A plaintiff might, for exam...
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Source: http://legal-dictionary.thefreedictionary.com/Creditor's+Bill
