especially: a person to whom money or goods are due
Example Sentences
She owes thousands of dollars to creditors.
Recent Examples on the WebUnder the terms of the plan, each abuse claimant-creditor would receive $3.500 to $2.7 million, depending on the severity of the case, and some amount would be put into a trust for continuing litigation, mostly from insurance companies. Peter Weber, The Week, 9 Sep. 2022 Recently it has been dragged into the bankruptcy of Voyager Digital, in which Alameda owns a stake and is both creditor and debtor, according to court filings. Christiaan Hetzner, Fortune, 25 Aug. 2022 But this is an offer that neither Perelman nor O’Malley can afford to ignore, since Chatham is by far Vericast’s largest creditor. William Cohan, Town & Country, 18 Aug. 2022 China, Sri Lanka’s third largest creditor after Japan and the Asian Development Bank, accounts for about 10% of its debt. David Rising And Sheikh Saaliq, The Christian Science Monitor, 30 June 2022 Sri Lanka has received and continues to reach out to numerous countries for help — including the most controversial, China, currently the country's third-largest creditor. Krutika Pathi, ajc, 12 June 2022 The final lesson is that none of this helps a debtor who receives such a distribution, since the debtor must pay it over to the creditor anyway or risk contempt. Jay Adkisson, Forbes, 26 Apr. 2022 The incident illustrates how Sri Lanka must increasingly balance its relationship with longtime ally India, and major creditor China. Ann Scott Tyson, The Christian Science Monitor, 19 Aug. 2022 After liquidating the collateral, DCG remains the biggest creditor of Three Arrows and has a claim of $1.2 billion against the hedge fund. Vicky Ge Huang, WSJ, 17 Aug. 2022 See More
Word History
First Known Use
15th century, in the meaning defined above
Kids Definition
creditor
noun
cred·i·tor ˈkre-də-tər
: 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
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 alsounsecured 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)