View our full Glossary of accounting & payroll terms Visit full glossary Related topics Business finances Search for another term Search for: Glossary definition What is a creditor? A creditor is somebody (or an entity like a company) to whom money is owned by a debtor. Recommended Next Read October 3, 2023 The CFO automation revolution: Seize control of your future See this term in action 26 September, 2023 5 min read How automation revolutionises finance and fuels career growth 22 September, 2023 6 min read What the Economic Crime Levy means for accountants and businesses 21 September, 2023 6 min read What is venture capital? A guide for small businesses Learn more about this definition and others Featured reading 15 September, 2023 4 min read Invoice tips round-up: Essential advice to help you get paid on time 20 September, 2023 7 min read What is angel investing? A definitive guide 22 September, 2023 6 min read What the Economic Crime Levy means for accountants and businesses Popular termsWhat is a P32?What is a mid-market enterprise?What is global human resources management?What is a P11?