GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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09:18 Jul 4, 2010 |
Bulgarian to English translations [PRO] Law/Patents - Accounting | |||||||
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| Selected response from: Alpha-Beta Bulgaria | ||||||
Grading comment
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Summary of answers provided | ||||
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5 | assignee |
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4 +1 | obligor |
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3 | accipient (receiver) |
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Discussion entries: 1 | |
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accipient (receiver) Explanation: http://legal-dictionary.thefreedictionary.com/accipient |
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assignee Explanation: според Eurodict и личен опит http://www.bulgariandictionary.com/bulgarian_properties.html |
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Notes to answerer
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obligor Explanation: Party A contracts with Party B to sell Party A's car to Party B for $10, Party A can later assign the benefits of the contract - i.e., the right to be paid $10 - to Party C. In this scenario, Party A is the obligee/assignor, Party B is an obligor, and Party C is the assignee. Reference: http://en.wikipedia.org/wiki/Assignment_%28law%29 |
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