What's the difference between creditor and lender?

Creditor


Definition:

  • (n.) One who credits, believes, or trusts.
  • (n.) One who gives credit in business matters; hence, one to whom money is due; -- correlative to debtor.

Example Sentences:

  • (1) A statement from the company said it had assigned all its assets for the benefit of creditors, in accordance with Massachusetts' law.
  • (2) Far from securing the regime change they were seeking, the creditors now find that Syriza is being supported by all Greek political parties apart from the communists and the neo-Nazi party Golden Dawn.
  • (3) As Greece pleads with its eurozone creditors for more time in meeting its fiscal adjustment targets, Dombrovskis is a fierce champion of surgical austerity applied quickly and ruthlessly.
  • (4) Providing an upfront, unconditional component to debt relief is critical to provide a strong and credible signal to markets about the commitment of official creditors to ensuring debt sustainability, which in itself could contribute to lowering market financing costs.
  • (5) Groups such as the Consumer Credit Counselling Service (CCCS) can help you negotiate payment arrangements with your creditors.
  • (6) Instead, those who ordered through the company will be treated as unsecured creditors.
  • (7) It has proposed linking repayment of the debt to growth (the only real way of paying creditors and of guaranteeing their rights), and has indicated its desire to implement those structural reforms needed to strengthen an impoverished state left too long in the hands of corrupt elites.
  • (8) Greece’s debt is currently around 175% of its annual national income, most of it owed to official creditors such as the European Central Bank or the International Monetary Fund.
  • (9) In conclusion, there is a reasonable chance that retirement plan assets in Delaware qualified plans are insulated from judgment creditors, but the best course is to maintain adequate insurance protection and follow an aggressive prejudgment strategy in serious cases so you don't have to resolve the issue in a bankruptcy proceeding.
  • (10) Hours after Greece’s bailout programme with its creditors expired and the country became the first in the developed world to miss an IMF loan repayment, Greek pensioners without debit cards were at last able to withdraw some cash.
  • (11) Greece's eurozone creditors are demanding that the government in Athens introduce a six-day working week as part of the stiff terms for the country's second bailout.
  • (12) You make a monthly payment to the court and it is split between the creditors.
  • (13) No sign of an OMT announcement.. September 10, 2012 Updated at 2.46pm BST 2.12pm BST Another development in Greece: there is growing speculation in Athens today that with Greek debt still at a whopping 166% of GDP – despite a massive write-down by private sector creditors earlier this year – another haircut, this time by the official sector, is on the cards.
  • (14) It suggests government-led programmes to restructure debt and tax breaks to persuade creditors to lengthen repayment periods.
  • (15) Meanwhile, MPs in Athens approved the contentious reforms and austerity package demanded by its creditors amid angry scenes in parliament and violent clashes on the streets on Wednesday.
  • (16) For three months, a battle of brinkmanship has been going on between the government of Alexis Tsipras and its European creditors over a cash-for-reforms plan that would give Greece the €7.2bn worth of rescue funds that it needs to meet its debt payments.
  • (17) Creditors plan to ringfence Greek economy if Tsipras refuses to give in Read more Yet when asked about their attitude to the EU itself, 76% of Greeks said they mistrusted it.
  • (18) And leaving the programme should be the responsibility not just of the debt country but the creditor country as well.” Athens, Tsakalotos continued, had kept its side of the bargain, legislating highly unpopular reforms to produce savings of 2% of GDP, while the European Union and International Monetary Fund had not kept theirs.
  • (19) Persistent critic The truce was supposed to allow INM to present a united front to creditors as it tried to renegotiate €1.3bn of debt and €200m worth of bonds, but it was a coup for O'Brien.
  • (20) The bank filed for Chapter 11 bankruptcy, which provides protection from creditors while it liquidates its business.

Lender


Definition:

  • (n.) One who lends.

Example Sentences:

  • (1) At the heart of the payday loan profit bonanza is the "continuous payment authority" (CPA) agreement, which allows lenders to access customer bank accounts to retrieve funds.
  • (2) Video games specialist Game was teetering on the brink of collapse on Friday after a rescue deal put forward by private equity firm OpCapita appeared to have been given the cold shoulder by lenders who are owed more than £100m.
  • (3) • This article was amended on 1 September 2014 because an earlier version described Platinum Property Partners as a buy-to-let mortgage lender.
  • (4) Portugal's slide towards a Greek-style second bailout accelerated after its principal private lenders indicated that they were growing weary of assurances from Lisbon that it could get on top of the country's debts.
  • (5) Data from a sample of completed property sales provided by mortgage lenders, representing about 65%-70% of homes bought with mortgages.
  • (6) That’s precisely the point made by Jubilee Debt Campaign: the reckless lenders that poured speculative cash into the country in the runup to the crisis escaped largely unscathed (though they were forced to accept some reduction in the face value of their bonds – known as a haircut – in the 2012 restructuring that accompanied Greece’s second emergency bailout).
  • (7) A member of the P2PFA ThinCats ThinCats logo Date launched January 2011 Quoted returns Lenders can earn "between 6% and 13%".
  • (8) Quiet crisis: why battle to prop up Italy's banks is vital to EU stability Read more The country’s third-largest lender has already been bailed out twice in modern Italian history but is likely to need a third multibillion-euro intervention by the Italian government – a move that would need Brussels to break new rules designed to prevent such taxpayer bailouts after the 2008 global financial crisis.
  • (9) Mortgage lenders are failing to follow rules designed to help people avoid repossession, according to a damning report published today.
  • (10) "Building societies and other mutual lenders continue to play a dominant role in supporting members of the UK public looking to buy a new home," said Paul Broadhead, head of mortgage policy at the BSA.
  • (11) Rival lender Nationwide reported a fall in house prices of 0.2% in September , the first decrease in 17 months.
  • (12) It means that Ireland will make a clean exit from its €85bn financial assistance programme, which ends on 15th Decembe r. It has hit the targets set by its troika of lenders, and Kenny's government must be confident that it can walk alone.
  • (13) • MPs heard that payday lenders are targeting young children with their TV adverts.
  • (14) The Council of Mortgage Lenders (CML) estimates that there remain 719,000 households in the UK with mortgages that are worth more than the property.
  • (15) Later this week the Financial Conduct Authority will outline how it intends to police payday lenders when it begins to regulate them in April 2014.
  • (16) The five major commercial banks saw around €2bn of deposits withdrawn by customers anxious that Greece was nearing the end of its credit line with lenders and about to go bust.
  • (17) The maximum amount being advertised is the maximum the lender will consider – it is not a guarantee you will be offered that percentage of the property price.
  • (18) Either way, Boulger points out that some of the standard variable rates charged by lenders are so good, you might not need a new deal at all.
  • (19) "While some lenders were MMR-compliant ahead of the official launch at the end of April, using May data to assess the impact of the new rules is perhaps premature," he said.
  • (20) The debut of the film – before an audience of business journalists, film critics and a smattering of Wonga customers – comes before a grilling by MPs in Westminster on Tuesday as calls grow for tighter curbs on payday lenders.