creditor

American  

[kred-i-ter] / ˈkrɛd ɪ tər /

noun

1. a person or firm to whom money is due (debtor ).

2. a person or firm that gives credit in business transactions.

3. Bookkeeping. credit.

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creditor British  

/ ˈkrɛdɪtə /

noun

1. a person or commercial enterprise to whom money is owed Compare debtor

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creditor Cultural  

1. One to whom a debt is owed.

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Other Word Forms

• creditorship noun
• noncreditor noun
• precreditor noun

Etymology

Origin of creditor

1400–50; late Middle English creditour < Latin crēditor, equivalent to crēdi- variant stem of crēdere to believe, entrust ( credit ) + -tor -tor

Example Sentences

The cost of paying the creditors and the administrators is reported to be around £35m.

From BBC

And so far, about $300 million in assets has been recovered to compensate creditors, according to public filings.

From The Wall Street Journal

Louis Sr. was well-respected by his creditors and so beloved by his employees that they insisted on filling his grave themselves after his sudden death in 1984.

From Los Angeles Times

She also recommends looking into your creditors’ hardship policies.

From The Wall Street Journal

A group of creditors holding bonds backed by car loans recently asked a bankruptcy court to probe what Tricolor’s bank lenders may have known about problems at the company before its collapse.

From The Wall Street Journal

Related Words

• bank
• banker