Creditor Legal Definition: A person to whom money, goods or services are owed by the debtor. Related Terms: Debtor , Debt , Obligee , Promisee A person to whom a debt or some other obligation is due. From Bouvier: "He who has a right to require the fulfillment of an obligation or contract." The United States Uniform Commercial Code defines the term as including: "... a general creditor, a secured creditor, a lien creditor, and any representative of creditors, including an assignee for the benefit of creditors, a trustee in bankruptcy, a receiver in equity, and an executor or administrator of an insolvent debtor's or assignor's estate." In Re Atlas Canning, Justice Drake wrote: "Creditor, in its primary meaning, imports one to whom a debt is due, in a secondary meaning, one to whom money is owing but the period of payment has not arrived..." REFERENCES: Duhaime, Lloyd, Legal Definition of Debtor Re Atlas Canning Co., 5 BCR 661 (1897; BCSC) United States Uniform Commercial Code, published, as of 24-JUNE-2008, at law.cornell.edu/ucc/ Categories & Topics: Duhaime's Bankruptcy Law Dictionary Duhaime's Contract Law Dictionary Unless otherwise noted, this page was written by Lloyd Duhaime of Duhaime.org Always looking up definitions? Save time with our search provider (modern browsers only) If you find an error or omission in Duhaime's Law Dictionary, or if you have suggestion for a legal term, we'd love to hear from you!