Anyone to whom a business or individual owes money (or services).
people who are owed money by a business. The figure quoted in a company's accounts is a snapshot at the end of the accounting period, not an average figure. This can be misleading if, for example, the company completed a very large purchase just before the end of the accounting period and has not yet settled it.
Legal advice and assistance for debtors in their dealings with people to whom they owe money.
A person or business to whom money is owed by the business.
Creditors are people to whom you owe money. A "secured" creditor is someone who "owns" a certain piece of your property, such as your house or car, and can usually seize that property if you do not repay your loan. An "unsecured" creditor is someone who lends you money without "owning" any of your assets.
Money which the company owes to others for goods/services it has received but not yet paid for. Current Assets What is owned by the company or owed to it and which will be used up in the coming year, e.g. stock, cash, debtors.
Third parties to whom money is owed by the business.
People to whom the company owes something, usually cash or a claim to services.
Money due to those who have supplied goods or services to the business.
The totality of money a company owes to suppliers, employees, tax authorities and others is listed in its balance sheet as creditors.
A person or company whom lends you money (usually a bank, building society or credit card company).
Creditors is the term used to describe those individuals or companies owed money to. When you take on finance be it a loan or a mortgage you borrow money from a lender. You then proceed to repay that money via your monthly repayments. Whilst you owe money or are making those repayments the lender is said to be your creditor. If you are made bankrupt or have possessions seized because of non payment of debt, those possessions might be sold and any revenue raised used to pay back those you owe, your creditors.
A list of suppliers to whom the business owes money.
Companies or individuals who loan money.
Individuals or other businesses that are owed money by the business.
The suppliers to the business to whom money is owed and the amount owed by the business to them (contrast debtors).
Businesses or individuals to whom you owe money (liabilities).
These are amounts owed by the pension scheme.
People or businesses who are owed money. If a person died owing money to anyone, the person who was owed money becomes a creditor of the estate, and can demand to be paid from the assets of the person who died.
List of suppliers and/or lenders to whom a business owes money.