English English Russian Русский
  • English English
  • Russian Russian
  • German German
  • English English
  • Russian Russian
  • German German
en

Cosuretyship

ru

Translation of "cosuretyship" into Russian

cosuretyship
Noun
raiting
cosuretyship
cosuretyships pl
сосолидарность
The cosuretyship agreement was signed by all parties involved.
Соглашение о сосолидарности было подписано всеми участвующими сторонами.

Definitions

cosuretyship
Noun
raiting
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.