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  3. Law: Contract(s)

\"creditore ceduto\"

English translation: assigned creditor

14:49 Jun 7, 2016
Italian to English translations [PRO]
Law/Patents - Law: Contract(s) / Law
Italian term or phrase: \"creditore ceduto\"
Unfortunately I don't have the Italian file, but I need the correct translation of "creditore ceduto"
Thanks in advance.
Maria Burnett
United States
Local time: 06:14
English translation:assigned creditor
Explanation:
presumably to do with factoring
Selected response from:

Thomas Roberts
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +3assigned creditor
Thomas Roberts
2(gen) assignee of a claim; post-novation creditor; factor of a receivable
Adrian MM. (X)


  

Answers


1 min   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +3
assigned creditor


Explanation:
presumably to do with factoring

Thomas Roberts
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in ItalianItalian
PRO pts in category: 1370

Peer comments on this answer (and responses from the answerer)
agree  Ana Claudia Macoretta: or with the assignment of rights.
47 mins
agree  James (Jim) Davis
13 hrs
agree  Giovanni Orlando
19 hrs
Login to enter a peer comment (or grade)

3 hrs   confidence: Answerer confidence 2/5Answerer confidence 2/5
creditore ceduto
(gen) assignee of a claim; post-novation creditor; factor of a receivable


Explanation:
Depends on the context. Factoring could be one scenario.

Novation: rotation of parties to debt

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.

Assignment of claim: assignor, assignee and post-assignment debtor.

Example sentence(s):
  • What is 'Novation' Novation is the act of replacing one party in a contract with another, or of replacing one debt or obligation with another. It extinguishes (cancels) the original contract and replaces it with another.
  • Il creditore cedente aliena ad un terzo, detto cessionario, il proprio diritto di credito, dietro il pagamento di un corrispettivo o a titolo gratuito.

    Reference: http://www.proz.com/kudoz/italian_to_english/finance_general...
    Reference: http://www.proz.com/kudoz/french_to_english/law_taxation_cus...
Adrian MM. (X)
Local time: 12:14
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 276
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