Business Standard
You are here » Home » Creditor

WHAT IS A CREDITOR


A creditor is an entity, a company or a person of a legal nature that has provided goods, services, or a monetary loan to a debtor
 
Once a creditor has given a loan, the payment is expected at a later date, typically agreed upon beforehand. Usually, each creditor has a specific agreement with their debtors about the terms of payment, discount offerings, etc.
 
 
Read More..

CREDITOR NEWS