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creditor

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noun cred·i·tor \ˈkre-di-tər, -ˌtȯr\

Simple Definition of creditor

  • : a person, bank, or company that lends money to someone

Source: Merriam-Webster's Learner's Dictionary

Full Definition of creditor

  1. :  one to whom a debt is owed; especially :  a person to whom money or goods are due

Examples of creditor in a sentence

  1. She owes thousands of dollars to creditors.



15th Century

First Known Use of creditor

15th century

Rhymes with creditor


CREDITOR Defined for Kids

creditor

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noun cred·i·tor \ˈkre-də-tər\

Definition of creditor for Students

  1. :  a person to whom a debt is owed




Law Dictionary

creditor

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noun cred·i·tor \ˈkre-də-tər, -ˌtȯr\

Legal Definition of creditor

  1. :  a person to whom a debt is owed; especially :  a person to whom money or goods are due — compare debtor, obligor general creditor :  a creditor who is not secured by a lien or other security interest —called also unsecured creditor judgment creditor :  a creditor who has a money judgment entered against the debtor and may enforce the judgment (as by attachment or writ of execution) known creditor :  a creditor whose potential claim is known or should be known by a debtor and who is entitled to notice of a corporate dissolution or of a date at which claims will be barred (as in bankruptcy) lien creditor :  a creditor who is secured by a lien (as by attachment) secured creditor :  a creditor who has a security interest (as a mortgage) unsecured creditor :  general creditor in this entry





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