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creditor

   Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia, Hutchinson 0.02 sec.
Creditor
Lender of money.
creditor
One to whom funds are owed. Holders of bonds and debentures are creditors to whom funds are owed by the issuers. Compare debtor. See also secured creditor, unsecured creditor.

Creditor. A person or company who provides credit to another person or company functions as a creditor.

For example, if you take a mortgage or car loan at your bank, then the bank is your creditor. But if you buy a bond, you are the creditor because the money you pay to buy the bond is actually a loan to the issuer.

creditor

One who is owed a debt.



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