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How to pronounce:
creditor
Definition:
(nou) a person to whom money is owed by a debtor; someone to whom an obligation exists
Phonetic Transcription:
ˈkredɪtə
Examples:
Constant Energy is a creditor in the bankruptcy.
IOUs usually specify the debtor, the amount owed, and sometimes the creditor.
It's not the liquidator who pursues the creditor.
Learn more about:creditor
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