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Creditor vs Cramdown - What's the difference?

creditor | cramdown |

As nouns the difference between creditor and cramdown

is that creditor is (finance) a person to whom a debt is owed while cramdown is (legal) a court settlement in bankruptcy in which creditors receive less than they were owed.

creditor

English

Alternative forms

* creditour (obsolete)

Noun

(en noun)
  • (finance) A person to whom a debt is owed.
  • One who gives credence to something; a believer.
  • Antonyms

    * debtor

    Hyponyms

    * debtholder * noteholder * bondholder * general creditor

    Anagrams

    * ----

    cramdown

    English

    Noun

    (en noun)
  • (legal) A court settlement in bankruptcy in which creditors receive less than they were owed