Meaning of Creditor

Creditor

Language - English
Tamil Word - கடன் கொடுநர்
A person or institution to whom money is owed. (e.g., The bank is the creditor in the mortgage agreement.) In the context of Tamil Nadu real estate, a 'Creditor' could be a bank, financial institution, or individual who has lent money for a property purchase or development. They have a legal claim on the property until the debt is fully repaid.

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