Creditor

RECENT NEWS
Channel News Asia  Dec 13  Comment 
A U.S. judge shot down on Wednesday a request by creditors of Westinghouse Electric Co LLC for a bigger role in the nuclear technology company's bankruptcy just days after its parent company Toshiba Corp proposed a restructuring plan.
The Economic Times  Nov 30  Comment 
Fortune Pharma had filed an application for initiating Voluntary Insolvency Resolution Process.
Financial Times  Nov 28  Comment 
Reliance telecoms unit hurt by competition that has left it unable to service $7bn debt
The Economic Times  Nov 16  Comment 
The Kolkata-based infrastructure finance firm had earlier moved the tribunal against the decision of the interim resolution professional terming it a ‘related party’.
Reuters  Nov 9  Comment 
Venezuela has promised investors that government officials under sanction by the United States will not participate in a debt restructuring meeting in Caracas next week, three market sources told Reuters on Thursday.
MarketWatch  Nov 8  Comment 
A creditor asked the International Swaps and Derivatives Association's Determinations Committee if a $1.1 billion principal payment for a bond issued by PDVSA, its state-owned oil company, came up short. The payment was due on Nov. 3, but the...
Reuters  Nov 2  Comment 
Embattled China Huishan Dairy Holdings has come to an agreement with most of its Chinese creditors to restructure its crippling debt, which has reached at least $5.76 billion according to an unreported restructuring plan seen by Reuters.




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Creditor

Persons or state to whom money is owed. [1] The counterparty is called a debtor. [2] A debtor is a person who owes money, and a creditor is a person to whom it is owed. [3]

An investor that holds a bond is a creditor who is loaning money in exchange for collecting interest payments on the principal. [1]

14c from "truster, lender," [2] 12c from credo "I believe, general sense of "formula or statement of belief" is from 1580s. [3]

References

  1. Wall Street words: an A to Z guide to investment terms for today's investor‬ By David Logan Scott pg88
  2. ‪Wall Street words: an A to Z guide to investment terms for today's investor‬ By David Logan Scott pg96
  3. Bankruptcy and Debtor/Creditor: Examples and Explanations (Examples & Explanations) by Brian A. Blum ISBN-10: 0735561842 pg2
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