What is the meaning of Creditor?

Creditor is a person or company who provides credit to another person or company functions as a creditor. For example, if you take out a mortgage or car loan at your bank, then the bank is your creditor. But if you buy a bond issued by a corporation or other institution, you are the creditor because the money you pay to buy the bond is actually a loan to the issuer.

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APABarry Goldsmith. (2010). creditor. Retrieved September 21, 2026, from http://smartdefine.org/creditor/definitions/1151147
ChicagoBarry Goldsmith. 2010. "creditor" http://smartdefine.org/creditor/definitions/1151147 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, creditor, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/creditor/definitions/1151147>.
MLABarry Goldsmith. "creditor" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/creditor/definitions/1151147>
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