Creditor

RECENT NEWS
Financial Times  Feb 7  Comment 
Care home chain has £525m of net debt, mostly owned by hedge fund H/2 Capital Partners
Japan Today  Jan 4  Comment 
The judge overseeing the bankruptcy of Takata Corp's U.S. unit has cleared the way for the company's creditors to vote on its Chapter 11 plan, which critics say…
Channel News Asia  Jan 3  Comment 
The judge overseeing the bankruptcy of Takata Corp's U.S. unit on Wednesday cleared the way for the company's creditors to vote on its Chapter 11 plan, which critics say limits the legal rights of those injured by its deadly airbags.
The Economic Times  Jan 3  Comment 
There are widespread concerns that some of the past transactions could be fraudulent, and that the authenticity of claims by creditors may be dubious.
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’.




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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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