Creditor
Bouvier's Law Dictionary and Concise Encyclopedia · John Bouvier; revised by Francis Rawle · 1914
Bouvier's Law Dictionary and Concise Encyclopedia
He who has a right to require the fulfillment of an obligation or contract. A person to whom any obligation is due.
New Jersey Ins. Co. v. Meeker, 37 N. J. L. 300. See Pettibone v. Roberts, 2 Root (Conn.) 261.
Preferred creditors are those who, in consequence of some provision of law, are entitled to some special privilege in the order in which their claims are to be paid.