The first party is called the creditor, which is the lender of property, service, or money. Creditors can be broadly divided into two categories: secured and unsecured.

A creditor is someone (or an entity) to whom an obligation is owed. Most commonly, the obligation owed is an obligation to pay money for some prior services or to pay off a loan. The person who owes a …

Mar 21, 2025 · What is a creditor? The term creditor typically refers to a financial institution or person who is owed money, though its exact definition can change depending on the situation. For example, …

Jan 29, 2025 · What Is a Creditor? A creditor is an individual or institution that extends credit to another party to borrow money usually by a loan agreement or contract.

Nov 26, 2025 · A creditor is simply the party—an individual, bank, or corporation—to whom a financial obligation is owed. This obligation typically arises from an extension of credit, such as a loan, or from …

The meaning of CREDITOR is one to whom a debt is owed; especially : a person to whom money or goods are due. How to use creditor in a sentence.

Oct 17, 2025 · A creditor is a fundamental entity in both financial and legal systems, functioning as an individual or organization to whom a debt is owed. They maintain critical roles in lending, ensuring …

CREDITOR meaning: 1. someone who money is owed to: 2. someone who money is owed to: 3. a country, organization, or…. Learn more.

At its core, a creditor is any individual or institution to whom a debt is owed. This can range from a credit card company or a mortgage lender to the IRS or a local hospital.

CREDITOR definition: a person or firm to whom money is due (debtor ). See examples of creditor used in a sentence.