Creditor definition, a person or firm to whom money is due (opposed to debtor).
A creditor is a person, bank, or other enterprise that has lent money or extended
credit to another party. (The party to whom the credit has been granted is often a
Define creditor: a person, bank, or company that lends money to someone —
creditor in a sentence.
Creditor Definition | Explanation. ... This creditor will be paid before junior
creditors in the event of a borrower's bankruptcy. Junior creditor. This creditor will
Definition of creditor: A party to whom money is owed. Common classifications of
a creditor include (1) Secured: who has a legal right to take a specific property ...
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
Define creditor. creditor synonyms, creditor pronunciation, creditor translation,
English dictionary definition of creditor. n. One to whom money or its equivalent is
A creditor is a term used in accounting to specify an entity, individual, or company
that has delivered a product, service, or loan, and is owed money by debtors.
If Joe loans you two dollars so you can buy a cup of coffee, Joe is your creditor —
you owe him two dollars and a big thank you!
Definition of trade creditors: Suppliers who are owed payment for raw materials
or a product's component parts by the manufacturer. In business accounting ...