Creditor definition

Creditor





Home | Index


We love those sites:

4 definitions found

From The Collaborative International Dictionary of English v.0.48 [gcide]:

  Creditor \Cred"it*or\ (kr?d"?t-?r), n. [L.: cf. F. cr?diteur.
     See {Credit}.]
     1. One who credits, believes, or trusts.
        [1913 Webster]
  
              The easy creditors of novelties.      --Daniel.


        [1913 Webster]
  
     2. One who gives credit in business matters; hence, one to
        whom money is due; -- correlative to debtor.
        [1913 Webster]
  
              Creditors have better memories than debtors.
                                                    --Franklin.
        [1913 Webster] Creditress

From WordNet (r) 2.0 [wn]:

  creditor
       n : a person to whom money is owed by a debtor; someone to whom
           an obligation exists [ant: {debtor}]

From Bouvier's Law Dictionary, Revised 6th Ed (1856) [bouvier]:

  CREDITOR, persons, contracts. A creditor is he who has a right to require 
  the fulfilment of an obligation. or contract. 
       2. Creditors may; be divided into personal and real. 
       3. The former are so called, because their claims are mainly against 
  the person, who can reach the property of their debtors only by; virtue of 
  the general rule by which he who has become personally obligated, is bound 
  to fulfill his engagements, with all his property acquired and to be 
  acquired, Which is a common guaranty for all his creditors. 
       4. The latter are called real, because they have mortgages or other 
  securities binding on the real estates of their debtors. 
       5. It is proper to state that personal creditors may be divided into 
  two classes first, those who have a right on all the property of their 
  debtors, without considering the origin, or the nature of their claims; 
  secondly, those who, in consequence of some provision of law, are entitled 
  to some special prerogative, either in the manner of recovery, or in the 
  rank they are to hold among creditors; these are entitled to preference. As 
  an example, may be mentioned the case of the United State; when they are 
  creditors, they have always a preference in case of insolvent estates. 
       6. A creditor sometimes becomes so, unknown to his debtor, as is the 
  case when the former receives an assignment of commercial; paper, the title 
  to recover which may be conveyed either by endorsement, or, in some cases, 
  by mere delivery. But in general it is essential there should be a privity 
  of contract between the parties. Vide, generally, 7 Vin. Ab. 42; 3 Com. Dig. 
  343; 8 Com. Dig. 388; 1 Supp. to Ves. Jr. 302 2 Sup. to Ves. Jr. 305 Code, 
  7, 72, 6; Id. 8, 18; Dig 42, 6, 17; Nov. 97 ch. t3 Bouv. Inst. Index, h.t. 
  
  

From THE DEVIL'S DICTIONARY ((C)1911 Released April 15 1993) [devils]:

  CREDITOR, n.  One of a tribe of savages dwelling beyond the Financial
  Straits and dreaded for their desolating incursions.
  
  

















Powered by Blog Dictionary [BlogDict]
Kindly supported by Vaffle Invitation Code Get a Freelance Job - Outsource Your Projects | Threadless Coupon
All rights reserved. (2008-2024)