Glossary entry (derived from question below)
Italian term or phrase:
agire in via principale, anziché sussidiaria
English translation:
take action as principal, rather then secondary, creditor
Added to glossary by
Jane Griffiths (X)
Jun 24, 2004 15:01
20 yrs ago
11 viewers *
Italian term
agire in via principale, anziché sussidiaria
Italian to English
Bus/Financial
Finance (general)
deed of guarantee
I'm still translating the same deed of guarantee.
Does this mean "take primary and subsidiary action"? I've found "via principale" in the glossary, but that doesn't seem to me to fit this context.
Here's the whole clause:
"Ove la fidejussione sia prestata da coniugi, la Banca è espressamente autorizzata, in deroga all'art. 190 cod. civ., ad agire in via principale, anziché sussidiaria, e per l'intero suo credito sui beni personali di ciascuno dei coniugi."
Does this mean "take primary and subsidiary action"? I've found "via principale" in the glossary, but that doesn't seem to me to fit this context.
Here's the whole clause:
"Ove la fidejussione sia prestata da coniugi, la Banca è espressamente autorizzata, in deroga all'art. 190 cod. civ., ad agire in via principale, anziché sussidiaria, e per l'intero suo credito sui beni personali di ciascuno dei coniugi."
Proposed translations
(English)
| 3 +1 | take action as principal, rather then secondary, creditor |
Jean Martin
|
| 4 | to act as first body, and not as subsidiary |
jamax (X)
|
Proposed translations
+1
28 mins
Italian term (edited):
agire in via principale, anzich� sussidiaria
Selected
take action as principal, rather then secondary, creditor
I'm assuming that the bank is the principal creditor in this case and claiming against the guarantors (i.e the married couple).
Don't know whether this might help.
Don't know whether this might help.
4 KudoZ points awarded for this answer.
Comment: "Many thanks"
10 mins
Italian term (edited):
agire in via principale, anzich� sussidiaria
to act as first body, and not as subsidiary
sprero che ti aiuta
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