creditor

noun
cred·​i·​tor | \ ˈkre-di-tər How to pronounce creditor (audio) , -ˌtȯr \

Definition of creditor

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

Examples of creditor in a Sentence

She owes thousands of dollars to creditors.
Recent Examples on the Web Since McClatchy filed for bankruptcy and Chatham — its largest creditor — was seen as the likely new owner, McClatchy journalists have investigated the hedge fund's history. Kerry Flynn, CNN, "Another hedge fund is sweeping up newspapers. This time, journalists are cautiously optimistic," 3 Aug. 2020 Without the plan, there’s uncertainty as to whether Virgin could get enough creditor support to implement its restructuring in time to avoid going into formal insolvency proceedings, according to the filing. Josh Saul, Bloomberg.com, "Virgin Atlantic Files Chapter 15 Petition to Aid U.K. Rescue," 3 Aug. 2020 The debt was due in 2019, but the new creditor extended Trump’s due date to 2029. Bernard Condon And Stephen Braun, USA TODAY, "Revenue at biggest Trump properties held steady last year," 1 Aug. 2020 If the beneficiary has issues managing their money, has creditor issues, etc. Kathleen Pender, SFChronicle.com, "Answers to questions on IRAs, required distributions and late tax refunds," 1 Aug. 2020 New York hedge fund Brigade Capital Management, also a McClatchy creditor, was expected to be part of Chatham’s bid. Marc Tracy, BostonGlobe.com, "Hedge fund to buy McClatchy, publisher of The Miami Herald and other major newspapers," 12 July 2020 For everything else, ask if the creditor has an emergency assistance program. Wsj Noted., WSJ, "How To Start Helping Your Parents With Finances, In Three Steps," 30 June 2020 One of Kentucky's hemp leaders, GenCann Global, filed for bankruptcy in January and is still working through a recovery plan that some creditors said may involve a sale to another company. Grace Schneider, The Courier-Journal, "More than 150 Kentucky farmers holding last year's hemp crop after disastrous last season," 1 June 2020 But creditors moved to dismiss the proceedings, arguing that because the board's members were not confirmed by the Senate, their appointment violated the Constitution's Appointments Clause. Melissa Quinn, CBS News, "Supreme Court upholds appointments to oversight board created to help Puerto Rico through fiscal crisis," 1 June 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'creditor.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of creditor

15th century, in the meaning defined above

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Time Traveler for creditor

Time Traveler

The first known use of creditor was in the 15th century

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Statistics for creditor

Last Updated

7 Aug 2020

Cite this Entry

“Creditor.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/creditor. Accessed 8 Aug. 2020.

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More Definitions for creditor

creditor

noun
How to pronounce creditor (audio)

English Language Learners Definition of creditor

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

creditor

noun
cred·​i·​tor | \ ˈkre-də-tər How to pronounce creditor (audio) \

Kids Definition of creditor

: a person to whom a debt is owed

creditor

noun
cred·​i·​tor | \ ˈkre-də-tər, -ˌtȯr How to pronounce creditor (audio) \

Legal Definition of creditor

: 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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More from Merriam-Webster on creditor

Rhyming Dictionary: Words that rhyme with creditor

Spanish Central: Translation of creditor

Nglish: Translation of creditor for Spanish Speakers

Britannica English: Translation of creditor for Arabic Speakers

Britannica.com: Encyclopedia article about creditor

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