Crossword Dictionary
The Crossword Dictionary explains the answers for the crossword clue 'Rid of the coster, I am left with others to whom I owe money (9)'. If more than one Crossword Definition exists for a clue they will all be shown below. Links to Crossword Dictionary entries can be found when searching for clues using the Crossword Solver - Rid of the coster, I am left with others to whom I owe money (9)
CREDITORS (9)
creditor
creditor - n
a person to whom money is owed by a debtor; someone to whom an obligation exists
A creditor is an individual or institution that extends credit to another party to borrow money usually by a loan agreement or contract. Creditors are commonly classified as personal or real.
Those who loan money to friends or family or a business that provides immediate supplies or services to a company or individual but allows for a delay in payment may be considered personal creditors.
Real creditors are banks or finance companies that have legal contracts and loan agreements with the borrower that grant the lender the right to claim any of the debtor's real assets or collateral if the loan is unpaid.
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