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creditor
noun
cred·i·tor
ˈkre-di-tər
-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 Onion valued its bid, with the Sandy Hook families' offer, at $7 million because that amount was equal to a purchase price that would provide the same amount of money to the other creditors.
—CBS News, 11 Dec. 2024
The Onion valued its bid, with the Sandy Hook families’ offer, at $7 million because that amount was equal to a purchase price that would provide the same amount of money to the other creditors.
—Dave Collins, Los Angeles Times, 11 Dec. 2024
Some proceeds will go to Mr. Jones’ other creditors.
—Dave Collins, The Christian Science Monitor, 11 Dec. 2024
Asset Protection In many states, the cash value of a life insurance policy is shielded from creditors.
—Andre Pennington, Forbes, 11 Dec. 2024
See all Example Sentences for creditor
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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 23 Dec. 2024.
Kids Definition
creditor
noun
cred·i·tor
ˈkred-ət-ər
: a person to whom a debt is owed
Legal Definition
creditor
noun
cred·i·tor
ˈkre-də-tər, -ˌtȯr
: a person to whom a debt is owed
—
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
Nglish: Translation of creditor for Spanish Speakers
Britannica English: Translation of creditor for Arabic Speakers
Britannica.com: Encyclopedia article about creditor
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