Glossary entry

Italian term or phrase:

debitore ceduto

English translation:

assigned debtor

Added to glossary by Maria Burnett
Jun 7, 2016 15:58
7 yrs ago
17 viewers *
Italian term

debitore ceduto

Italian to English Law/Patents Law: Contract(s) law
PREMESSO
A) xxxxxxxxxxxxxxxx(già xxxxxxxxxxxxxxx) è titolare di un credito nei confronti di xxxx con sede in yyy p.IVA 000000000, (Debitore Ceduto), per complessivi Euro al 31.12.2015 — come contabilizzato nella partita in sofferenza n. , (di seguito il Credito);

Proposed translations

+1
6 mins
Selected

assigned debtor

Peer comment(s):

agree James (Jim) Davis : assigned debt might be more appropriate?
12 hrs
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4 KudoZ points awarded for this answer.
+1
2 hrs

original, outgoing debtor (novation); debtor of the assigned receivable (factoring)

Again, depends if one debtor is being subsituted for another (novation) or it is an assignment of a claim or recievables.

In a novation (substitution of one debtor for another) cf. in FR délégant > the factor or post-novation creditor; délégataire > the new incoming debtor; délégué > the original outgoing debtor.
Peer comment(s):

agree CristianaC :
1 day 9 hrs
Mille grazie and thanks!
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