the.com/creditor
Someone who believes in your future enough to bill for it now.
means A person or institution owed money by someone else.
from From Latin creditor, 'one who believes or trusts,' rooted in credere, 'to believe, trust, entrust' — the same root behind 'credit,' 'credence,' and 'creed.' The lender's title literally means 'the believer': to extend credit was originally an act of trust that the money would come back.
- origin
- from latin credere, to believe or trust
- power move
- can legally force asset sales via court
- ranking
- secured creditors get paid before unsecured ones
- irony
- the more you owe, the more they trust you