private creditor

Examples (10)

• The corporation is negotiating a new payment plan with its largest private creditor.
• The country's debt restructuring plan must be approved by both public and private creditors.
• In bankruptcy proceedings, a private creditor may have different rights than a government lender.
• He secured a loan from a private creditor after being rejected by several banks.
• The business was forced to sell assets to satisfy the demands of a persistent private creditor.
• After the economic downturn, many small businesses struggled to repay their private creditors.
• The government will facilitate talks between the failing airline and its private creditors.
• A loan from a family member could technically classify them as a private creditor.
• The deal involved a consortium of private creditors who collectively owned a majority of the debt.
• Unlike a bank, a private creditor might offer more flexible repayment terms.