A creditor is a party that has a claim on the services of a second party. It is a
person or institution to whom money is owed. The first party, in general, has
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.
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 ...
There are generally two types of creditors: personal and real. Personal creditors
are people who loan money to friends or family. Real creditors are financial ...
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
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
Definition: A creditor is an individual or entity that is owed money. Examples of
creditors are suppliers and lenders. There are several varieties of creditor, which
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! If you have a credit card, the ...