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CreditorLender of money.CreditorAn individual or institution to whom a debt is owed.Creditor Similar MatchesSecured creditorSecured creditorA creditor who has a charge over the assets of a debtor in the event of the debtor failing to meet his/her obligations. Best interests of creditors testBest interests of creditors testThe requirement that a claim holder voting against a plan of reorganization must receive at least as much as if the debtor were liquidated. Creditors committeeCreditors committeeA group representing firms that have claims on a company facing bankruptcy or extreme financial difficulty. CreditorsCreditorsPeople or companies who are owed money by debtors. Creditor nationCreditor nationA country whose assets owned abroad are worth more than the assets within the country that are owned by foreigners. Contrasts with debtor nation. Further Suggestionscreditor days |
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