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Home > QFINANCE Dictionary > Definition of creditor

Definition of



somebody you owe money for goods or services a person or an entity to whom money is owed as a consequence of the receipt of goods or services in advance of payment

creditor - Related Articles
  • Creditor and Debtor Days


    Creditor days is a measure of the number of days on average that a company requires to pay its creditors, while debtor days is a measure of the number of days on average that it takes a company to receive payment for what it sells. It is also called accounts receivable days.

  • Managing Bankruptcy and Insolvency


    is unable to pay its creditors. Creditors can force bankruptcy by filing a suit in court against the company in debt, but more usually a company will initiate bankruptcy proceedings itself.

  • Insolvency/Bankruptcy Regulations in Major Regions


    Insolvency procedures differ around the world, but all of them allow debtors to find a solution to their indebtedness and protect them from creditors.

  • Capital Structure: Perspectives

    Best Practice

    Capital structure is about dividing up expected economic returns (not accounting returns) and risk, in exchange for providing capital. Those divisions are specific. For example, a pecking order exists amongst the different creditors. The “covenants” of debt arrangements, as well as precedent
    By John C. Groth


Definitions of ’creditor’ and meaning of ’creditor’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’creditor’ and other financial terms with our online QFINANCE Financial Dictionary.

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