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What are creditors?
Creditors are people or organizations (companies, councils, tax man etc) to whom you owe money. Bills, people you owe money to
What are people who owe a business money called?
People who owe a business money are typically referred to as "debtors" or "accounts receivable." In the context of accounting, they may also be called "customers" if the debt is related to purchases made on credit. These individuals or entities have an obligation to pay the business for goods or services received but not yet paid for.
What is it called when you owe money for a bill and they take it out of your paycheck?
Garnishment .
Do you owe any money?
No, I do not owe any money.
Are Bank customers are considered creditors?
It depends. Yes - If they have deposited money into their accounts held with the bank, they are called creditors No - If they do not have any money deposited in their account with the bank. Instead if they are loan customers they are called debtors (or people who owe a debt to the bank)
What are people that owe money called?
A person who is owed money is called a creditor.
Who are people who owe money called?
The presence of owing money is referred to as being 'in debt'. A person who is in debt is a debtor.
People who owe money?
debtors
When you owe money to someone it is called?
debt
What are creditors?
Creditors are people or organizations (companies, councils, tax man etc) to whom you owe money. Bills, people you owe money to
What do you call people who owe money?
Debtors.
What are people who owe a business money called?
People who owe a business money are typically referred to as "debtors" or "accounts receivable." In the context of accounting, they may also be called "customers" if the debt is related to purchases made on credit. These individuals or entities have an obligation to pay the business for goods or services received but not yet paid for.
What is it called when you owe money for a bill and they take it out of your paycheck?
Garnishment .
If you owe money to a person what is your economic condition called?
Debt.
What is it called when you don't owe anyone money?
intrest fee
Can you take a company's belongings if they owe you money?
no that's called stealing
What does chasing debtors mean?
Chasing people who owe you money.
