Creditor vs. Debtor
Creditornoun
(finance) A person to whom a debt is owed.
Creditornoun
One who gives credence to something; a believer.
Creditornoun
One who credits, believes, or trusts.
Creditornoun
One who gives credit in business matters; hence, one to whom money is due; - correlative to debtor.
Creditornoun
a person to whom money is owed by a debtor; someone to whom an obligation exists
Creditornoun
a person or company to whom money is owing
Creditor
A creditor or lender is a party (e.g., person, organization, company, or government) that has a claim on the services of a second party. It is a person or institution to whom money is owed.
Debtornoun
(economics) A person or firm that owes money; one in debt; one who owes a debt
Debtornoun
(legal) One who owes another anything, or is under obligation, arising from express agreement, implication of law, or principles of natural justice, to pay money or to fulfill some other obligation; in bankruptcy or similar proceedings, the person who is the subject of the proceeding.
Debtornoun
One who owes a debt; one who is indebted; - correlative to creditor.
Debtornoun
a person who owes a creditor; someone who has the obligation of paying a debt
Debtornoun
a person, country, or organization that owes money
Debtor
A debtor or debitor is a legal entity (legal person) that owes a debt to another entity. The entity may be an individual, a firm, a government, a company or other legal person.
