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.

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. For example, …

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.

Nov 26, 2025 · A creditor is simply the party—an individual, bank, or corporation—to whom a financial obligation is owed. This obligation typically arises from an extension of credit, such as a loan, or from …

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.

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.

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. That bank steps …

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