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.

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 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.

Dec 8, 2025 · Defining the Creditor and Debtor Relationship A creditor is the entity that extends credit, making them the party to whom a monetary obligation is owed. This role is filled by a …

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 …

Mar 21, 2025 · What is a creditor? The term creditor typically refers to a financial institution or person who is owed money, though its exact definition can change depending on the situation. …

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.

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

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. …