Creditor
Real Estate
A person to whom money is owed.
The lending institution providing a loan or credit.
Personal Finance
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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Mortgage
A person or entity that is owed money by another person or entity.
- — Making Home Affordable Glossary retrieved 2014-05-16
Bankruptcy
One to whom the debtor owes money or who claims to be owed money by the debtor.
A person, business, or other entity, such as a government agency, to whom a debtor owes money; can be any entity or any person; for example, a savings and loan institution, credit card company, or employee who loses a paycheck if a business goes bankrupt.
Common Legal Terms
A person to whom a debt is owed by another.