May 25, 2003 11:40
21 yrs ago
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French term
discuté dans ses biens
French to English
Bus/Financial
La caution n'est obligée envers le créancier à le payer qu'à défaut du débiteur, qui doit être préalablement discuté dans ses biens, à moins que la caution n'ait renoncé au bénéfice de discussion, ou à moins qu'elle ne se soit obligée solidairement avec le débiteur.
Proposed translations
26 mins
Selected
whose assets are to be excussed
As the verb <to excuss> means specifically to proceed against a principal debtor before falling back on a surety, that is, before proceeding against the guarantor.
Dictionnaire Juridique (Olivier Merlín Walch - L.G.D.J.)
V
Dictionnaire Juridique (Olivier Merlín Walch - L.G.D.J.)
V
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36 mins
the remedy against whose assets must first be exhausted
The guarantor is under an obligation to pay the creditor only in the event of the default of the debtor, the remedy against whose assets must first be exhausted, unless the guarantor has waived its right to require the creditor to proceed first against the debtor's assets or unless it has entered into a joint and several obligation together with the debtor.
"I stand surety for his debt to you, but you grab all his assets first before you start grabbing mine ..."
7 days
whose assets must first be executed against
Another possibility.
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