Definition of 'creditor'
Video: pronunciation of 'creditor'
noun
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Collins English Dictionary. Copyright © HarperCollins Publishers
Webster’s New World College Dictionary, 4th Edition. Copyright © 2010 by
Houghton Mifflin Harcourt. All rights reserved.
Word Frequency
creditor in Accounting
(krɛdɪtər)Word forms: (regular plural) creditors
noun
(Accounting: Commerce)
A creditor is an organization or person who people owe money to.
The company said it would pay in full all its creditors.
A provisional liquidator can either restructure or liquidate assets and distribute
proceeds to creditors.
A creditor is an organization or person who people owe money to.
Collins English Dictionary. Copyright © HarperCollins Publishers
Example sentences containing 'creditor'
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Any remaining assets will be sold and used to pay creditors. Times, Sunday Times (2016)If it is, he would instead be deemed an unsecured creditor. The Sun (2016)The official receiver will take over the legal control of the assets to pay creditors. Times, Sunday Times (2008)Some of the biggest creditors to the fund were willing to strike a deal. Times, Sunday Times (2008)He is under pressure from the international creditors keeping the country afloat. Times, Sunday Times (2016)They must take their chances in the queue along with other unsecured creditors. Times, Sunday Times (2012)It is about stopping the federal government actually paying its creditors. Times, Sunday Times (2011)It could now pocket a fortune as one of the biggest creditors. The Sun (2012)But in this case the lender must get in line with the unsecured creditors. Principles of Corporate Finance (1991)Administrators are trying to raise cash to pay creditors. The Sun (2014)He has spent the time since then painstakingly paying off creditors and getting the site up and running. Times, Sunday Times (2016)It is understood that pressure in recent weeks from a number of trade creditors pushed the company over the edge. Times, Sunday Times (2008)The biggest creditors have already yielded. Times, Sunday Times (2009)Greece has only eight working days to submit revised reforms to its international creditors to unlock a final tranche of bailout funds. Times, Sunday Times (2015)An appointment after the rent bill is due means that landlords would instead have to join the long queue of unsecured creditors. Times, Sunday Times (2012)The exact amount that Detroit owes its creditors is hard to fathom. Times, Sunday Times (2013)In the commercial world, creditors can recover an unpaid loan by selling assets in administration. Times, Sunday Times (2015)It now owes creditors about 7 million. Times, Sunday Times (2013)It is understood that the sum paid is insufficient to cover unsecured creditors owed 70 million. Times, Sunday Times (2009)He is the biggest creditor with 19m of loans. Times, Sunday Times (2012)The section could be relied on only by a future or contingent creditor of a company which had reached the end of the road. Times, Sunday Times (2011)Failure to approve them in a vote this week could block the next tranche of €3 billion from international creditors. Times, Sunday Times (2015)The workers who lost their jobs and the creditors who were owed nearly 1.3 billion by the collapse deserved no less. Times, Sunday Times (2009)That was especially true in the context of the duties of an auditor which were not owed to the company 's creditors. Times, Sunday Times (2009)As banks and oil company creditors pull the plug on struggling airlines, the blow will rebound on investors in aircraft leases. Times, Sunday Times (2008)In return, she would pay off his commercial creditors -- but not his gambling debts. PERDITA: The Life of Mary Robinson (2004)
Trends of 'creditor'
Used Occasionally. creditor is one of the 30000 most commonly used words in the Collins dictionary
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Translations for 'creditor'
British English: creditor NOUN
Your creditors are the people who you owe money to.
The company said it would pay in full all its creditors.
Nearby words of 'creditor'
Related Terms of 'creditor'
Source
Definition of creditor from the
Collins English Dictionary
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