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).
(The party to whom the money is owed is often a supplier or bank that will be
referred to as the creditor.) A creditor is a person, bank, or other enterprise that
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.
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
Define creditor. creditor synonyms, creditor pronunciation, creditor translation,
English dictionary definition of creditor. n. One to whom money or its equivalent is
Creditor Definition | Explanation. ... This creditor will be paid before junior
creditors in the event of a borrower's bankruptcy. Junior creditor. This creditor will
a person or company to whom money is owing Meaning, pronunciation, example
sentences, and more from Oxford Dictionaries.
Definition of Debtors. In general ... Definition of Creditors. Creditors are the
parties, to whom the company owes a debt. Here, the party ...