nounmasculinepl: creditors
credor
1. a person or institution to whom money is owed; a lender
The bank is the main creditor of the company.
O banco é o principal credor da empresa.
2. in accounting, an account or party that receives payment
List all creditors in the financial statement.
Liste todos os credores no demonstrativo financeiro.
3. a person who has extended credit or a loan to another party
She negotiated with her creditors to extend the payment deadline.
Ela negociou com seus credores para estender o prazo de pagamento.
In both American and Brazilian financial contexts, the creditor-debtor relationship is fundamental to credit systems and loan agreements. In Brazil, 'credor' is commonly used in formal financial documentation, banking, and legal proceedings. The term is essential in understanding consumer credit, business financing, and bankruptcy laws in both countries.
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