co-creditor
101debtor-creditor-supplier — Under the Consumer Credit Act 1974, a debtor creditor supplier agreement is one where the creditor (the person offering finance) is connected in some way with the dealer or supplier of the goods by the credit or where the creditor and supplier… …
102judgment creditor — ➔ creditor * * * judgment creditor UK US (UK also judgement creditor) noun [C] LAW ► a person or company that a court of law has decided has the legal right to receive money from another person or company …
103Secured creditor — A secured creditor is a creditor which has the benefit of a security interest over some or all of the assets of the debtor.In the event of the bankruptcy of the debtor, the secured creditor can enforce their security against the assets of the… …
104secured creditor — An entity holding a claim against the debtor that is secured by a lien on property of the estate or that is subject to a right of setoff (SA Bankruptcy.com) A creditor holding a lien (secured claim) on property. (Bernstein s Dictionary of… …
105secured creditor — ➔ creditor * * * secured creditor UK US noun [C] FINANCE ► an organization that has lent money under an agreement that they can take particular assets from the borrower if the money is not paid back: » The plan is designed to satisfy its secured… …
106trade creditor — ➔ creditor * * * trade creditor UK US noun [C] ACCOUNTING ► a business that has not yet been paid for goods and services that it has supplied to other businesses: »The team is nearly £5m in debt, half owed to investors and half to trade creditors …
107unsecured creditor — ➔ creditor * * * unsecured creditor UK US noun [C] FINANCE ► a person or organization that has lent money and has no right to the property or other assets of the borrower if the money is not paid back: »Following the bankruptcy, it s too early to …
108debtor and creditor — Respectively, a person who owes a debt and a person to whom the debt is owed. Usually the debtor has received something from the creditor, in return for which the debtor has promised to make repayment at a later time. If the debtor fails to repay …
109oversecured creditor — USA A creditor holding an oversecured claim. In bankruptcy, an oversecured creditor is entitled to be paid before any other creditors out of the proceeds of its collateral. Oversecured creditors are entitled to accrue postpetition interest and… …
110bond creditor — ➔ creditor …
