what is creditors ? explain breifly
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Creditors
A creditor is an entity (person or institution) that extends credit by giving another entity permission to borrow money intended to be repaid in the future.
- People who loan money to friends or family are personal creditors.
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Answer:
A creditor is an entity (person or institution) that extends credit by giving another entity permission to borrow money intended to be repaid in the future. ... People who loan money to friends or family are personal creditors.
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