The meaning of CREDITOR is one to whom a debt is owed; especially : a person to whom money or goods are due. How to use creditor in a sentence.

The first party is called the creditor, which is the lender of property, service, or money. Creditors can be broadly divided into two categories: secured and unsecured.

Jan 29, 2025 · What Is a Creditor? A creditor is an individual or institution that extends credit to another party to borrow money usually by a loan agreement or contract.

A creditor is someone (or an entity) to whom an obligation is owed. Most commonly, the obligation owed is an obligation to pay money for some prior services or to pay off a loan. The person …

CREDITOR meaning: 1. someone who money is owed to: 2. someone who money is owed to: 3. a country, organization, or…. Learn more.

a person, company, etc. that somebody owes money to. The property will be sold to pay off their creditors. Definition of creditor noun in Oxford Advanced Learner's Dictionary. Meaning, …

Aug 18, 2025 · When you take out a loan, whether it’s a line of credit, a mortgage, a student loan or any other example, the institution or person you borrow from is known as a creditor. The …

CREDITOR definition: a person or firm to whom money is due (debtor ). See examples of creditor used in a sentence.

At its core, a creditor is any individual or institution to whom a debt is owed. This can range from a credit card company or a mortgage lender to the IRS or a local hospital.

A creditor is an individual or financial institution that extends credit or provides financial assistance to a debtor under a credit agreement. Creditor law addresses situations where a debtor is …