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creditor
noun
cred·i·tor
ˈkre-di-tər
-ˌtȯr
: 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
Bion has engaged in discussions with creditors but has not reached agreements regarding payments.
—Quartz Bot, Quartz, 14 Nov. 2024
The financial news outlet said such bonuses are common to maintain continuity through the bankruptcy process and to help creditors recover more money.
—Ana Rocío Álvarez Bríñez, The Courier-Journal, 13 Nov. 2024
The Chapter 11 petition said the company estimated its number of creditors at between 50,000 to 100,000.
—Vicki M. Young, Sourcing Journal, 4 Nov. 2024
Control of two more, including Whispering Pines, has been given to a caretaker at a creditor’s request in a receivership action brought after loans signed by Shmaryahu Baumgarten went unpaid.
—Joe Rubino, The Denver Post, 3 Nov. 2024
See all Example Sentences for creditor
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Word History
First Known Use
15th century, in the meaning defined above
Time Traveler
The first known use of creditor was
in the 15th century
Dictionary Entries Near creditor
Cite this Entry
“Creditor.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/creditor. Accessed 5 Dec. 2024.
Kids Definition
creditor
noun
cred·i·tor
ˈkred-ət-ər
: a person to whom a debt is owed
Legal Definition
creditor
noun
cred·i·tor
ˈkre-də-tər, -ˌtȯr
: a person to whom a debt is owed
—
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
More from Merriam-Webster on 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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