noun
- a person or organization to whom money is owed
Examples
- The company struggled to pay its creditors after losing several major contracts.
- She listed all her creditors when filing for bankruptcy.
- The bank is the largest creditor in this loan agreement.
- Creditors have the right to collect debts owed to them.
- The business owner met with creditors to negotiate payment terms.
- After winning the lottery, he paid off all his creditors immediately.