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 The country needs as many creditors willing to lend it money as possible. Lila MacLellan, Fortune, 8 Aug. 2024 As per Italian law, the measure mediated by the Chamber of Commerce allows companies with healthy revenues and profits to efficiently negotiate a debt repayment plan with creditors. Martino Carrera, WWD, 2 Aug. 2024 In some cases, your creditors may even take you to court. Jasmin Suknanan, CNBC, 1 Aug. 2024 These funds will be used to pay off Copia and numerous other creditors. George Avalos, The Mercury News, 31 July 2024 See all Example Sentences for creditor 

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 18 Aug. 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

Last Updated: - Updated example sentences
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