creditor

noun

cred·​i·​tor ˈkre-di-tər How to pronounce creditor (audio)
-ˌtȯr
: one to whom a debt is owed
especially : a person to whom money or goods are due

Examples of creditor in a Sentence

She owes thousands of dollars to creditors.
Recent Examples on the Web Once the case is in court, creditors who say they're owed money can then seek a piece of the assets. CBS News, 12 Apr. 2024 If Simpson left his assets to his children in a trust, that could protect them from creditors. Seth Abramovitch, The Hollywood Reporter, 12 Apr. 2024 The airline has hired advisers who might walk it through a bankruptcy process, and some creditors are under the belief that a bankruptcy may indeed be coming. Melvin Backman, Quartz, 8 Apr. 2024 Lori participated in a warm conversation and shook hands with at least one survivor after Monday’s hearing, a member of the creditors committee who had not spoken. Steve Thompson, Washington Post, 8 Apr. 2024 The bankruptcy filing will give Eiger time to discuss restructuring options with its creditors. Bloomberg, The Mercury News, 1 Apr. 2024 In 2015, amid one of the worst financial crises in Greece’s history, he was appointed by the country’s new left-wing government to try to save the financial system and to fend off punishing austerity measures that the country’s creditors had proposed in exchange for a bailout. Sheelah Kolhatkar, The New Yorker, 25 Mar. 2024 Following bitter fights with the IMF and a group of creditor activists, Argentina restructured 76% of this debt in June 2005, giving investors only 34 cents-on-the-dollar in June 2005. Gregory Makoff, Fortune, 9 Mar. 2024 When a defendant loses a civil case in New York, the creditor — in this case the attorney general — can immediately go after the defendant’s assets to collect the judgment. Robert Faturechi, ProPublica, 5 Apr. 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'creditor.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

15th century, in the meaning defined above

Time Traveler
The first known use of creditor was in the 15th century

Dictionary Entries Near creditor

Cite this Entry

“Creditor.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/creditor. Accessed 25 Apr. 2024.

Kids Definition

creditor

noun
cred·​i·​tor ˈkred-ət-ər How to pronounce creditor (audio)
: a person to whom a debt is owed

Legal Definition

creditor

noun
cred·​i·​tor ˈkre-də-tər, -ˌtȯr How to pronounce creditor (audio)
: a person to whom a debt is owed
especially : a person to whom money or goods are due compare debtor, obligor
general creditor
: a creditor who is not secured by a lien or other security interest

called also unsecured creditor

judgment creditor
: a creditor who has a money judgment entered against the debtor and may enforce the judgment (as by attachment or writ of execution)
known creditor
: a creditor whose potential claim is known or should be known by a debtor and who is entitled to notice of a corporate dissolution or of a date at which claims will be barred (as in bankruptcy)
lien creditor
: a creditor who is secured by a lien (as by attachment)
secured creditor
: a creditor who has a security interest (as a mortgage)
unsecured creditor
: general creditor in this entry

More from Merriam-Webster on creditor

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