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
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 sales are often done for a fraction of the amount owed so the creditor can recover some of the money.
—Nate Trela, USA TODAY, 3 Apr. 2024
One upside to bankruptcy is that different parties — creditors, the government — have a right to financial documents that are otherwise not public.
—Roxana Popescu, San Diego Union-Tribune, 1 Apr. 2024
That recovery rate compares with single digits if creditors end up liquidating the company.
—Yue Wang, Forbes, 27 Feb. 2024
No creditors have been reimbursed, in part because Ray is still trying to find all FTX’s assets and clawing back money that was paid out to Bankman-Fried’s associates, including his parents.
—Michael Hiltzik, Los Angeles Times, 27 Mar. 2024
The largest global industrial wood pellet supplier filed for Chapter 11 bankruptcy protection on Wednesday, announcing its intention to cut about $1 billion of debt by restructuring agreements with creditors, including those who have invested heavily in new facilities.
—James Pollard, Fortune, 13 Mar. 2024
Vice filed for bankruptcy last May before being sold for $350 million to a consortium led by private equity firm Fortress Investment Group, which had been listed as its biggest creditor.
—Kate Gibson, CBS News, 23 Feb. 2024
The company was acquired out of bankruptcy by Fortress Investment Group and two other creditors last year for a mere $350 million.
—Oliver Darcy, CNN, 22 Feb. 2024
Robert Faturechi, ProPublica, 5 Apr. 2024
These sales are often done for a fraction of the amount owed so the creditor can recover some of the money.
—Nate Trela, USA TODAY, 3 Apr. 2024
One upside to bankruptcy is that different parties — creditors, the government — have a right to financial documents that are otherwise not public.
—Roxana Popescu, San Diego Union-Tribune, 1 Apr. 2024
That recovery rate compares with single digits if creditors end up liquidating the company.
—Yue Wang, Forbes, 27 Feb. 2024
No creditors have been reimbursed, in part because Ray is still trying to find all FTX’s assets and clawing back money that was paid out to Bankman-Fried’s associates, including his parents.
—Michael Hiltzik, Los Angeles Times, 27 Mar. 2024
The largest global industrial wood pellet supplier filed for Chapter 11 bankruptcy protection on Wednesday, announcing its intention to cut about $1 billion of debt by restructuring agreements with creditors, including those who have invested heavily in new facilities.
—James Pollard, Fortune, 13 Mar. 2024
Vice filed for bankruptcy last May before being sold for $350 million to a consortium led by private equity firm Fortress Investment Group, which had been listed as its biggest creditor.
—Kate Gibson, CBS News, 23 Feb. 2024
The company was acquired out of bankruptcy by Fortress Investment Group and two other creditors last year for a mere $350 million.
—Oliver Darcy, CNN, 22 Feb. 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.
Dictionary Entries Near creditor
Cite this Entry
“Creditor.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/creditor. Accessed 19 Apr. 2024.
Copy CitationKids 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
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