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- Dictionarycreditor/ˈkrɛdɪtə/
noun
- 1. a person or company to whom money is owing: "he sold his Ferraris to pay off his creditors"
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noun
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Person or organization that has a right to a benefit
A creditor or lender is a party that has a claim on the services of a second party. It is a person or institution to whom money is owed. The first party, in general, has provided some property or service to the second party under the assumption (usually enforced by contract) that the second party will return an equivalent property and service. The second party is frequently called a debtor or borr... Wikipedia