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Adpromissor
UK
/ædprəˈmɪsə/
US
/ædprəˈmɪsər/
Translation of "adpromissor" into Russian
adpromissor
Noun
UK
/ædprəˈmɪsə/
US
/ædprəˈmɪsər/
adpromissor
adpromissores pl
adpromissors pl
The adpromissor agreed to cover the debt if the borrower defaulted.
Поручитель согласился покрыть долг, если заемщик не выполнит обязательства.
Definitions
adpromissor
Noun
UK
/ædprəˈmɪsə/
US
/ædprəˈmɪsər/
In Roman law, a person who undertakes to guarantee another’s debt or obligation; a surety.
Under Roman law, an adpromissor could be sued if the principal debtor failed to pay.
More generally, any person who acts as a guarantor or surety in legal or financial contexts.
The bank insisted on having an adpromissor sign the agreement before releasing the funds.