C1nounformalmoneybusiness
US/ˈkred.ɪ.tər/
UK/ˈkred.ɪ.tə/
a person or company that someone owes money to
In context
The company owes millions of dollars to its creditors.
Creditors met on Monday to decide whether to accept the offer.
As the main creditor, the bank can sell the house if he stops paying.
Words that go with creditor
verb + noun
- pay creditorsThe firm sold its offices to pay creditors.
adjective + noun
- unsecured creditorAn unsecured creditor may get nothing back.
- major creditorChina is a major creditor of the country.
- foreign creditorsThe country is negotiating with its foreign creditors.
noun + noun
- creditor bankThe creditor bank agreed to extend the loan.
Common mistakes
Incorrect:
I am a creditor of the bank because I borrowed money.Correct: I am a debtor of the bank because I borrowed money.