creditor

[ kred-i-ter ]

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 ( def 11b, 11c ).

creditor

/ ˈkrɛdɪtə /

noun

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

creditor

1. One to whom a debt is owed.

Other Words From

• credi·tor·ship noun
• non·credi·tor noun
• pre·credi·tor noun

Word History and Origins

Origin of creditor¹

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

Example Sentences

Hopes for the future appear to be pinned on doing a deal with the American financier Jason Mudrick, who is already a major creditor through his firm Mudrick Capital Management.

From BBC

Another grant of £688,000 was made through Creative Scotland - the final secured creditor - in 2015.

From BBC

Proceeds from those sales will go into a trust, with the majority received by the company’s secured creditor.

From Los Angeles Times

That creditor is CVI Investments and its investment manager, Heights Capital Management Inc., affiliates of Susquehanna International Group, a large Pennsylvania trading firm founded by billionaire Jeff Yass.

From Los Angeles Times

A number of shareholders sent letters to the court asking for an SEC inquiry into Fisker’s dealings with the creditor, whose position as a secured lender had been opposed by unsecured creditors earlier in the bankruptcy process.

From Los Angeles Times

Related Words

• bank
• banker