creditor

noun
UK: /ˈkredɪtər/
US: /ˈkredɪtər/

  1. A person or company that someone owes money to.

    1. The bank is a creditor for our loan now.
    2. The company is struggling to pay its creditors due to low sales this month.

  2. An entity (person, company, or organization) to whom money is owed.

    1. He paid off his creditor with his bonus money.
    2. The business notified its creditors about the upcoming restructuring plans of debts.

Frequently Asked Questions

The word "creditor" in English means: A person or company that someone owes money to., An entity (person, company, or organization) to whom money is owed..

The phonetic transcription of "creditor" is /ˈkredɪtər/ in British English and /ˈkredɪtər/ in American English. Click the 🔊 button to hear both pronunciations.

Example usage of "creditor": "The bank is a creditor for our loan now.". More examples on the page.