noun
- people or organizations to whom money is owed
Usage: plural of creditor
Examples
- The company struggled to pay its creditors on time.
- After the bankruptcy, creditors had to wait months for payment.
- Small business owners often become creditors when customers don’t pay invoices.
- The court appointed a trustee to negotiate with the creditors.
- Banks are typically the largest creditors in corporate restructuring cases.
- Creditors may agree to reduce the debt amount in a settlement.
- The debtor’s assets were divided among the creditors.