creditor (Meaning)
Wordnet
creditor (n)
a person to whom money is owed by a debtor; someone to whom an obligation exists
Synonyms & Antonyms of creditor
No Synonyms and anytonyms found
creditor Sentence Examples
- The struggling business was forced to negotiate with its creditors to avoid bankruptcy.
- As a homeowner, she diligently pays her mortgage creditor on time each month.
- The credit report listed all of John's outstanding debts to various creditors.
- The company prioritized paying its largest creditors to maintain good relationships.
- After winning the lawsuit, she finally received the money owed by her former employer, the main creditor.
- The bank acted as a creditor, loaning money to businesses for expansion projects.
- When filing for bankruptcy, a debtor must disclose all their creditors and the amount owed.
- Negotiating with creditors can be stressful, but it's an important step in resolving debt.
- A secured creditor, like a bank holding a mortgage, has a legal claim on specific assets in case of default.
- Building a good credit history helps you secure favorable terms with future creditors.
FAQs About the word creditor
a person to whom money is owed by a debtor; someone to whom an obligation exists
No synonyms found.
No antonyms found.
The struggling business was forced to negotiate with its creditors to avoid bankruptcy.
As a homeowner, she diligently pays her mortgage creditor on time each month.
The credit report listed all of John's outstanding debts to various creditors.
The company prioritized paying its largest creditors to maintain good relationships.
