Business / Debt / Creditor: A creditor is an individual or a company that is owed money by another person.
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Business / Debt / Unsecured Creditor: A creditor who does not hold security (such as a mortgage) for money owed. MORE
Business / Finance / Best-Interests-Of-Creditors Test: The requirement that a claim holder voting against a plan of reorganization must receive at least as much as if the debtor were liquidated. MORE
Business / Finance / Creditors Committee: Lender of money. MORE
Business / Accounting / Creditors (Control Account): An account in the nominal ledger which contains the overall balance of the Purchase Ledger. MORE
Business / Accounting / Creditors: A list of suppliers to whom the business owes money. See how Debt is Processed. MORE
Business / Debt / Secured Loan: A loan which is backed up by assets belonging to the borrower (normally property) in order to decrease the risk taken on by the lender. Mortgages and some personal loans are secured loans. If you don' MORE