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en

Fidepromissor

UK
/ˌfaɪdɪprəˈmɪsə/
US
/ˌfaɪdɪprəˈmɪsɚ/
ru

Translation of "fidepromissor" into Russian

fidepromissor
Noun
raiting
UK
/ˌfaɪdɪprəˈmɪsə/
US
/ˌfaɪdɪprəˈmɪsɚ/
fidepromissor
fidepromissors pl
fidepromissores pl
The fidepromissor agreed to cover the debt if the borrower defaulted.
Поручитель согласился покрыть долг, если заемщик не выполнит обязательства.
Additional translations

Definitions

fidepromissor
Noun
raiting
UK
/ˌfaɪdɪprəˈmɪsə/
US
/ˌfaɪdɪprəˈmɪsɚ/
A person who acts as a guarantor or surety, promising to fulfill an obligation if the primary party fails to do so.
The fidepromissor assured the lender that the debt would be paid even if the borrower defaulted.
(Roman law) A surety who bound themselves by a formal promise (fidepromissio) to answer for another's debt or obligation.
In classical Roman contracts, a fidepromissor was liable only after the principal debtor had defaulted.