creditor - Hutchinson encyclopedia article about creditor Printer Friendly
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creditor

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creditor

Individual or business organization that is owed money by another individual or business. Money owed to creditors by a company is a current liability on the company's balance sheet. If the credit rating of a company deteriorates, so that creditors believe that there is an increased risk to extending credit to the company, those creditors may demand that their bills be paid and refuse to extend new credit. This could have a disastrous effect on the cash flow position of the company and lead to its going bankrupt.
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? Mentioned in ? References in classic literature
 
Once in every decade there shall be a general settlement, when the balance due shall be paid to the creditor nation in Mexican dollars.
Fantastic-Fables by Bierce, Ambrose View in context
He looked like a man who had never cringed and never had had a creditor.
Moby Dick I-LXVII by Melville, Herman View in context
Chadband's habit--it is the head and front of his pretensions indeed--to keep this sort of debtor and creditor account in the smallest items and to post it publicly on the most trivial occasions.
Bleak House by Dickens, Charles View in context
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