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Definition of creditor
Thanks for using this online dictionary, we have been helping millions of people improve their use of the english language with its free online services. English definition of creditor is as below...
Creditor
(n.) One who
credits,
believes,
or
trusts..
Lern More About Creditor
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Bill
::
Bill (n.) An
account
of goods sold,
services
rendered,
or work done, with the price or
charge;
a
statement
of a
creditor's
claim,
in gross or by
items;
as, a
grocer's
bill..
Bilk
::
Bilk (n.) A
person
who
tricks
a
creditor;
an
untrustworthy,
tricky
person..
Discharge
::
Discharge
(v. t.) To send away (a
creditor)
satisfied
by
payment;
to pay one's debt or
obligation
to.
Debtor
::
Debtor
(n.) One who owes a debt; one who is
indebted;
--
correlative
to
creditor.
Trustee
::
Trustee
(v. t.) To
attach
(a
debtor's
wages,
credits,
or
property
in the hands of a third
person)
in the
interest
of the
creditor..
Assignment
::
Assignment
(n.) The
transfer
of the
property
of a
bankrupt
to
certain
persons
called
assignees,
in whom it is
vested
for the
benefit
of
creditors..
Hypotheca
::
Hypotheca
(n.) An
obligation
by which
property
of a
debtor
was made over to his
creditor
in
security
of his debt.
Creditor
::
Creditor
(n.) One who gives
credit
in
business
matters;
hence,
one to whom money is due; --
correlative
to
debtor..
Appropriation
::
Appropriation
(n.) The
application
of
payment
of money by a
debtor
to his
creditor,
to one of
several
debts which are due from the
former
to the
latter..
Creditrix
::
Creditrix
(n.) A
female
creditor.
Compensation
::
Compensation
(n.) The
extinction
of debts of which two
persons
are
reciprocally
debtors
by the
credits
of which they are
reciprocally
creditors;
the
payment
of a debt by a
credit
of equal
amount;
a
set-off.
Dividend
::
Dividend
(n.) A sum of money to be
divided
and
distributed;
the share of a sum
divided
that falls to each
individual;
a
distribute
sum,
share,
or
percentage;
--
applied
to the
profits
as
appropriated
among
shareholders,
and to
assets
as
apportioned
among
creditors;
as, the
dividend
of a bank, a
railway
corporation,
or a
bankrupt
estate..
Subrotund
::
Subrogation
(n.) The
substitution
of one
person
in the place of
another
as a
creditor,
the new
creditor
succeeding
to the
rights
of the
former;
the mode by which a third
person
who pays a
creditor
succeeds
to his
rights
against
the
debtor..
Delegation
::
Delegation
(n.) A kind of
novation
by which a
debtor,
to be
liberated
from his
creditor,
gives him a third
person,
who
becomes
obliged
in his stead to the
creditor,
or to the
person
appointed
by him..
Bilk
::
Bilk (v. t.) To
frustrate
or
disappoint;
to
deceive
or
defraud,
by
nonfulfillment
of
engagement;
to leave in the
lurch;
to give the slip to; as, to bilk a
creditor..
Satisfy
::
Satisfy
(a.) To pay to the
extent
of
claims
or
deserts;
to give what is due to; as, to
satisfy
a
creditor..
Assets
::
Assets
(n. pl.)
Property
of a
deceased
person,
subject
by law to the
payment
of his debts and
legacies;
--
called
assets
because
sufficient
to
render
the
executor
or
administrator
liable
to the
creditors
and
legatees,
so far as such goods or
estate
may
extend..
Joint
::
"Joint
(a.)
United,
joined,
or
sharing
with
another
or with
others;
not
solitary
in
interest
or
action;
holding
in
common
with an
associate,
or with
associates;
acting
together;
as, joint heir; joint
creditor;
joint
debtor,
etc..
Readjuster
::
Readjuster
(n.) One who, or that
which,
readjusts;
in some of the
States
of the
United
States,
one who
advocates
a
refunding,
and
sometimes
a
partial
repudiation,
of the State debt
without
the
consent
of the
State's
creditors..
Peon
::
Peon (n.) A day
laborer;
a
servant;
especially,
in some of the
Spanish
American
countries,
debtor
held by his
creditor
in a form of
qualified
servitude,
to work out a
debt..
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