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Creditor

Index Creditor

A creditor is a party (for example, person, organization, company, or government) that has a claim on the services of a second party. [1]

29 relations: Accounting, Accounts payable, Accrual, Ben Cura, Bond (finance), Contract, Credit, Credit rating, Creditors' rights, Current liability, Debenture, Debtor, Dividend, Financial statement, Individual voluntary arrangement, Insolvency practitioner, IOU, Loan, Long-term liabilities, Mortgage loan, Negotiable instrument, Overdraft, Party (law), Payment, Prentice Hall, Property, Service (economics), Trade, Trust (emotion).

Accounting

Accounting or accountancy is the measurement, processing, and communication of financial information about economic entities such as businesses and corporations.

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Accounts payable

Accounts payable (AP) is money owed by a business to its suppliers shown as a liability on a company's balance sheet.

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Accrual

Accrual (accumulation) of something is, in finance, the adding together of interest or different investments over a period of time.

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Ben Cura

Ben Cura (born 30 September 1988) is a British film, television and theatre actor and director.

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Bond (finance)

In finance, a bond is an instrument of indebtedness of the bond issuer to the holders.

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Contract

A contract is a promise or set of promises that are legally enforceable and, if violated, allow the injured party access to legal remedies.

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Credit

Credit (from Latin credit, "(he/she/it) believes") is the trust which allows one party to provide money or resources to another party where that second party does not reimburse the first party immediately (thereby generating a debt), but instead promises either to repay or return those resources (or other materials of equal value) at a later date.

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Credit rating

A credit rating is an evaluation of the credit risk of a prospective debtor (an individual, a business, company or a government), predicting their ability to pay back the debt, and an implicit forecast of the likelihood of the debtor defaulting.

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Creditors' rights

Creditors' rights are the procedural provisions designed to protect the ability of creditors—persons who are owed money—to collect the money that they are owed.

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Current liability

In accounting, current liabilities are often understood as all liabilities of the business that are to be settled in cash within the fiscal year or the operating cycle of a given firm, whichever period is longer.

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Debenture

In corporate finance, a debenture is a medium to long-term debt instrument used by large companies to borrow money, at a fixed rate of interest.

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Debtor

A debtor is an entity that owes a debt to another entity.

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Dividend

A dividend is a payment made by a corporation to its shareholders, usually as a distribution of profits.

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Financial statement

Financial statements (or financial report) is a formal record of the financial activities and position of a business, person, or other entity.

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Individual voluntary arrangement

In England and Wales, an individual voluntary arrangement (IVA) is a formal alternative for individuals wishing to avoid bankruptcy.

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Insolvency practitioner

In the United Kingdom, only an authorised or licensed Insolvency Practitioner (usually abbreviated to IP) may be appointed in relation to formal insolvency procedures.

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IOU

An IOU (abbreviated from the phrase "I owe you") is usually an informal document acknowledging debt.

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Loan

In finance, a loan is the lending of money by one or more individuals, organizations, and/or other entities to other individuals, organizations etc.

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Long-term liabilities

Long-term liabilities, or non-current liabilities, are liabilities that are due beyond a year or the normal operation period of the company.

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Mortgage loan

A mortgage loan, or simply mortgage, is used either by purchasers of real property to raise funds to buy real estate, or alternatively by existing property owners to raise funds for any purpose, while putting a lien on the property being mortgaged.

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Negotiable instrument

A negotiable instrument is a document guaranteeing the payment of a specific amount of money, either on demand, or at a set time, with the payer usually named on the document.

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Overdraft

An overdraft occurs when money is withdrawn from a bank account and the available balance goes below zero.

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Party (law)

A party is a person or group of persons that compose a single entity which can be identified as one for the purposes of the law.

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Payment

A payment is the trade of value from one party (such as a person or company) to another for goods, or services, or to fulfill a legal obligation.

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Prentice Hall

Prentice Hall is a major educational publisher owned by Pearson plc.

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Property

Property, in the abstract, is what belongs to or with something, whether as an attribute or as a component of said thing.

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Service (economics)

In economics, a service is a transaction in which no physical goods are transferred from the seller to the buyer.

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Trade

Trade involves the transfer of goods or services from one person or entity to another, often in exchange for money.

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Trust (emotion)

In a social context, trust has several connotations.

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Creditors, Debtee, Lender, Trade creditors.

References

[1] https://en.wikipedia.org/wiki/Creditor

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