creditorcred‧i‧tor /ˈkredɪtə $ -ər/ AWL noun [countable] 
Examples
ExamplesEXAMPLES FROM OTHER DICTIONARIES
Thesaurus- He died owing his creditors over $20 million.
- The failed company is currently in talks with its creditors.
- The UN warned creditors to ease Brazil's debt burden or see the country go bankrupt.
- When George inherited some money, the first thing he did was to pay his creditors.
- Also until such time as a creditor has lodged a proof of debt, he can not vote at meetings of creditors.
- And, for a deal to be reached, not all creditors necessarily need to be involved.
- Mr Kasyanov seems now to be playing for time, hoping to get through January without ferocious clashes with creditors.
- Quaker creditors showed great tolerance to those who were tardy in paying their bills.
- The business of lending money is like gambling-the creditors calculate the odds of the money being repaid.
- The judicial system now had to protect creditors instead of debtors.
- This section lists long-term debt owed to banks or other creditors and any obligations under capital leases.
Longman Language Activatorsomeone that money is owed to► creditor
Collocations · When George inherited some money, the first thing he did was to pay his creditors.· The UN warned creditors to ease Brazil's debt burden or see the country go bankrupt.
a person or organization that lends money► lender a person or organization that lends money: · Despite competition from the building societies, banks are still the biggest lenders in Britain.· Mexico has borrowed heavily from private banks, the World Bank, and other international lenders.· Newspaper ads can be helpful in finding the lender with the most favourable interest rates.mortgage/housing lender (=an organization that lends people money to buy a house, flat etc): · Prudential is the fourth largest mortgage lender in the US.
► creditor a person or business that is owed money by another person or business: · The failed company is currently in talks with its creditors.· He died owing his creditors over $20 million.
► loan-shark informal a person or small business that lends money, at extremely high interest rates - use this when you disapprove of people who make money in this way: · His father killed himself after getting deeply in debt to a loan-shark.· These loan-sharks target the vulnerable, the people who are least able to pay the money back.
WORD SETS► Loansamortize, verbAPR, nounborrowing powers, nouncollateral, nouncompound interest, nouncreditor, nouncredit rating, nouncreditworthy, adjectivedebenture, noundebit note, nounfinance, nounfinance, verbfinance company, nounforeclose, verbhire purchase, nouninterest, nouninterest-free, adjectiveinterest rate, nounletter of credit, nounliquidate, verbliquidation, nounliquidator, nounmoneylender, nounmoney market, nounmoratorium, nounmortgage, nounmortgage, verbofficial receiver, nounowing, adjectivepayable, adjectiveprime rate, nounpromissory note, nounredeem, verbremission, nounremit, verbremortgage, verbrepay, verbrepayable, adjectiverepayment, nounrepossess, verbreschedule, verbsavings and loan association, nounsecure, verbsecurity, nounsequester, verbsequestrate, verbsettlement, nounsimple interest, nounsurety, nounundischarged, adjectiveusurer, nounusurious, adjectiveusury, nounventure capital, noun
COLLOCATIONS FROM THE CORPUSADJECTIVE► commercial
a person, bank, or company that you owe money to OPP debtor· Talks with commercial bank creditors over two days were reported on June 21 to have failed to produce concrete results.· August - at least 10 Third World countries have stopped repaying their commercial bank creditors.· Debt service payments to commercial creditor banks, suspended in November, were scheduled for resumption at the end of February 1991.
► foreign· There is little comfort for foreign creditors hoping for an end to the six-month moratorium on debt payments.· After spending 17 years in Congress hurling broadsides at foreign creditors and defending state enterprises, Mr Franco has changed course.· A quarter of its annual budget of $ 800m goes to repay foreign creditors.
► large· The report also outlined the role agricultural cooperatives, the largest creditors to the mortgage companies, played in the fiasco.· As a group, the cooperatives are the largest creditors to the mortgage companies.
► other· We also obtained funds for investment in the business from the sale of supermarket property, borrowing and other creditors.· The seller, not the buyer's other creditors, will be entitled to take those goods.· Secondly, even if loan stock is unsecured it will rank equally with the other unsecured creditors.· Current liabilities are trade creditors, tax and any other creditors.· That part payment will then be available for the buyer's other creditors.· You know it and all our other creditors know it.· If the trust is due at once, the beneficiary can claim with priority over other creditors.· Another method of subordination is a prohibition on repayment of the debt whilst other creditors remain unpaid.
► preferential· More controversially, the Crown for certain unpaid taxes and other levies is also accorded the status of preferential creditor.· There are of course classes of preferential and pre-preferential creditors, but I do not propose to expand on that here.
► secured· The protection given by the Harter Act to shippers and consignees benefited banks and secured creditors.· If they sell, they acknowledge a loss which may exceed the discount that secured creditors eventually have to accept.· This is a problem for secured creditors who may wish to vote.· Second, the secured creditor may have the right of pursuit.· A partially secured creditor is entitled to receive a dividend on the unsecured part of his claim having valued his security.· It was agreed that the receivers' first duty was to the secured creditors.
► unsecured· Secondly, even if loan stock is unsecured it will rank equally with the other unsecured creditors.· Whole Earth owes its Top 20 unsecured creditors more than $ 2. 6 million.· Subordinated loan stock will rank behind all unsecured creditors but ahead of preference shareholders and ordinary shareholders.· Unfortunately, the company's bank, the tax man and employees come first; you will then be an unsecured creditor.· So long as the receiver is in the driving seat neither the owners nor the unsecured creditors can do much to remove him.· Second, the charge provides security against unsecured creditors.
► western· Its international indebtedness had reached such alarming proportions under the previous Khedive that its Western creditors had become seriously alarmed.
NOUN► bank· Talks with commercial bank creditors over two days were reported on June 21 to have failed to produce concrete results.· August - at least 10 Third World countries have stopped repaying their commercial bank creditors.
► judgment· A certificate of judgement is still required, but see r 27 enabling judgment creditors to prepare documents for the court.
► nation· Equally, it is important that the creditor nations match words with deeds.
VERB► allow· The garage was later sold to Nissan for £200,000, allowing creditors to recoup some of the money they had lost.
► hold· If Electronics had not held off its creditors, it would have collapsed, bringing Magnetics down with it.· It was held that the creditor could recover only 400,000.
► include· They also prepare financial reports for nonmanagement groups, including stockholders, creditors, regulatory agencies, and tax authorities.
► owe· Altogether £1m is missing from the pension fund and a further £1m is owed to creditors.
► pay· If one has to pay a creditor £100 in one year's time, it is not necessary to have £100 today.· Two constables arrive at his home to seize his belongings since he can not pay his creditors.· The purchaser should reserve the express right to pay the creditors directly out of the retention on behalf of the vendor.· Until the suit was settled, it could be thawed only long enough to pay off all creditors.· He faces selling his priceless collection of Ferraris to pay off creditors.· Once the bank controls the account, you can pay only those creditors whom the bank lets you pay.· This is less odd than it looks: it pays creditors to avoid the delays and legal costs of chapter 11.· That has given the government the latitude to pay its creditors and not default on its borrowings.
► protect· The judicial system now had to protect creditors instead of debtors.· This rule is designed to protect creditors.· The transfer is made to avoid a reduction in share capital and, accordingly, to protect creditors.· The incentive of central banks to protect the interest of creditors has been increased by the globalization of the financial markets.· You can not transfer your assets to a spouse in order to protect them from the creditors.
► repay· Within eight years he had fully repaid his creditors and accumulated a greater fortune than ever before.· Under the reorganization plan, El Paso Electric will repay creditors using proceeds from an underwritten public offering of mortgage bonds.· A quarter of its annual budget of $ 800m goes to repay foreign creditors.· August - at least 10 Third World countries have stopped repaying their commercial bank creditors.