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.

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.

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.

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 who owes a …

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

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

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 individual or …

Oct 7, 2025 · Defining a Creditor A creditor represents anyone or any entity that lends money or extends credit to another party. Think about borrowing cash from a bank for a car purchase. That bank steps …

creditor in British English (ˈkrɛdɪtə ) noun a person or commercial enterprise to whom money is owed

Definition of creditor noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.