Definition of creditor

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Creditor (n.) One who gives credit in business matters; hence, one to whom money is due; -- correlative to debtor..

Lern More About Creditor

Cession :: Cession (n.) The voluntary surrender of a person's effects to his creditors to avoid imprisonment.
Hypothecation :: Hypothecation (n.) The act or contract by which property is hypothecated; a right which a creditor has in or to the property of his debtor, in virtue of which he may cause it to be sold and the price appropriated in payment of his debt. This is a right in the thing, or jus in re..
Demand :: Demand (v. t.) The act of demanding; an asking with authority; a peremptory urging of a claim; a claiming or challenging as due; requisition; as, the demand of a creditor; a note payable on demand..
Creditrix :: Creditrix (n.) A female creditor.
Defraud :: Defraud (v. t.) To deprive of some right, interest, or property, by a deceitful device; to withhold from wrongfully; to injure by embezzlement; to cheat; to overreach; as, to defraud a servant, or a creditor, or the state; -- with of before the thing taken or withheld..
Bilk :: Bilk (n.) A person who tricks a creditor; an untrustworthy, tricky person..
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..
Creditor :: Creditor (n.) One who gives credit in business matters; hence, one to whom money is due; -- correlative to debtor..
Assignee :: Assignee (v.) In England, the persons appointed, under a commission of bankruptcy, to manage the estate of a bankrupt for the benefit of his creditors..
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..
Discreditor :: Discreditor (n.) One who discredits.
Pledge :: Pledge (n.) The transfer of possession of personal property from a debtor to a creditor as security for a debt or engagement; also, the contract created between the debtor and creditor by a thing being so delivered or deposited, forming a species of bailment; also, that which is so delivered or deposited; something put in pawn..
Secure :: Secure (v. t.) To put beyond hazard of losing or of not receiving; to make certain; to assure; to insure; -- frequently with against or from, rarely with of; as, to secure a creditor against loss; to secure a debt by a mortgage..
Extension :: Extension (v. t.) A written engagement on the part of a creditor, allowing a debtor further time to pay a debt..
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.
Satisfy :: Satisfy (a.) To pay to the extent of claims or deserts; to give what is due to; as, to satisfy a creditor..
Extent :: Extent (n.) A process of execution by which the lands and goods of a debtor are valued and delivered to the 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..
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..
Assign :: Assign (v. t.) To transfer, or make over to another, esp. to transfer to, and vest in, certain persons, called assignees, for the benefit of creditors..
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