Glossary entry

Italian term or phrase:

acollato

English translation:

primary debtor

Added to glossary by Rosanna Palermo
May 16, 2006 06:59
18 yrs ago
1 viewer *
Italian term

acollato

Italian to English Marketing Finance (general) securitisation
From the regulations governing a securitisation arrangement.

A translation of the Italian description gives "primary debtor" but is this what we say in English?

Thanks
Proposed translations (English)
5 primary debtor

Proposed translations

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primary debtor

it is the person/company hose name appears first on the contract
when you buy a car, there can be two people on the bank loan. One is the primary, the other is the co-signer
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4 KudoZ points awarded for this answer. Comment: "Thanks again!"
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