creditor
ਲੈਣਦਾਰ
definition
noun
Profits from the new company would be used to pay back farmer creditors some of the money due to them.
a person or company to whom money is owed.
example
The bank first borrows from the saver and then loans the money to the 'creditor' .
As an unsecured 'creditor' , you might consider taking legal action to recover your debt.
Sometimes the debtor has to bear severe loss, while the 'creditor' goes on minting money.
A 'creditor' would have to hire a lawyer in the other jurisdiction and begin the court case all over again.
'creditor' banks
The 'creditor' could sue the debtor, sell the mortgage securities or sue the surety.
If your name is on any of the letters, write to the 'creditors' for copies of your credit agreements.
Presumably I shall be low down the list when it comes to settling 'creditors' .
You drastically cut back on basic necessities such as food or travel to pay 'creditors' .
The majority of 'creditors' are large corporations and insurance and reinsurance companies.
Profits from the new company would be used to pay back farmer 'creditors' some of the money due to them.
I now realised that I had no way of keeping up my payments to my 'creditors' and the debt management companies.
If you make arrangements to pay some 'creditors' but not others, you could run into difficulties again.
In most cases, bankrupts will have to make payments to 'creditors' from their income for three years.
Shortly after this, the company goes into liquidation and there is not enough money to pay the 'creditors' .
Corporations in need of funds have to convince 'creditors' to lend them money.
The company met with 'creditors' this week to discuss its business strategy for the next three years.
The retailer may then transfer that value electronically either to his 'creditors' or to his bank account.
You can then work out how much to offer to pay each of your 'creditors' on a monthly basis so they each get a share of your available income.
Once you have dealt with your priority creditors, write to all your other 'creditors' .
It means that you can make a formal proposal to your 'creditors' to pay part or all of your debts.
Credits: Google Translate
