Words / B1

KRED-it-uh/ˈkredɪtə/

A creditor is owed money. Credit is the related noun (already in the dictionary); debtor is the opposite. Insolvency: creditors will be paid after the administrator’s report.

Meaning

A person or firm that is owed money.

Examples

• “Creditors will be paid after the administrator’s report.”
• “HMRC can be a creditor, not only a high-street supplier.”

Good to know

a creditor. Opposite: a debtor. Related: credit. Insolvency / Companies House. Countable parties.

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