Glossary entry

Italian term or phrase:

ceto creditorio

English translation:

(classes of) creditors

Added to glossary by Anne Micallef
Aug 23, 2005 07:43
18 yrs ago
9 viewers *
Italian term

ceto creditorio

Italian to English Bus/Financial Finance (general) offer document
In an Offer Document: "i concordati preventivi sopra menzionati sono stati strutturati con la previsione di una proposta che contemplava il pagamento integrale, ancorché dilazionato, dell’intero ceto creditorio (indistintamente privilegiato e chirografario)" I understand what it means but need a term to say it! Thanks in advance
Proposed translations (English)
3 +2 (classes of) creditors

Proposed translations

+2
1 hr
Selected

(classes of) creditors

this is simply saying that the agreement envisages paying all creditors, irrespective of their ranking/preference



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Note added at 1 hr 3 mins (2005-08-23 08:46:34 GMT)
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paying all creditors 'in full', I meant
Peer comment(s):

agree Stefano Asperti
3 mins
thank you
agree Vittorio Preite
7 hrs
thanks
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4 KudoZ points awarded for this answer.
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