0 Morty Asked: June 12, 2019 what is a creditor 0 I can’t understand what a creditor is, the theory says that is a person who has a claim of the services in a second party. In: Share Facebook 2 Answers Voted blipsman Added an answer on June 12, 2019 at 4:52 am It’s somebody who is owed money. If you owned a fruit stand and got produce from your distributor each week and paid him monthly, he’d be a creditor of your business. If you went out of business and still owed him money, he would have a claim on whatever assets your business could liquidate. 0 Reply Share Share Share on Facebook Share on Twitter Share on LinkedIn Share on WhatsApp Target880 Added an answer on June 12, 2019 at 4:26 am If you google just that you get the definition > a person or company to whom money is owed. It can be other things then money but that is the most common. 0 Reply Share Share Share on Facebook Share on Twitter Share on LinkedIn Share on WhatsApp Leave an answerLeave an answerCancel reply Attachment Select file Browse Featured image Select file Browse What is the capital of UK? ( London ) Save my name, email, and website in this browser for the next time I comment.