Creditor
A person who is owed money by someone else, a debtor, for example after granting a loan. However, in the case of a payment, it is always the beneficiary or recipient of that payment, even if the recipient then owes money to the payer.
A person who is owed money by someone else, a debtor, for example after granting a loan. However, in the case of a payment, it is always the beneficiary or recipient of that payment, even if the recipient then owes money to the payer.