en

Cosuretyship

ru

Übersetzung von "cosuretyship" ins Russisch

cosuretyship
Substantiv
raiting
UK
/kəʊˈʃʊərɪtɪʃɪp/
US
/koʊˈʃʊrɪtɪʃɪp/
cosuretyship
cosuretyships Pl.
сосолидарность
The cosuretyship agreement was signed by all parties involved.
Соглашение о сосолидарности было подписано всеми участвующими сторонами.

Definitionen

cosuretyship
Substantiv
raiting
UK
/kəʊˈʃʊərɪtɪʃɪp/
US
/koʊˈʃʊrɪtɪʃɪp/
The state or condition of being a cosurety, where two or more parties jointly assume the responsibility of guaranteeing the performance or obligations of a third party.
In the event of default, the cosuretyship agreement required both parties to equally share the financial burden.
An instance or arrangement in which two or more sureties jointly guarantee the same debt or obligation.
The lender demanded a cosuretyship to back the startup’s line of credit.