postergato
| 19:44 May 10, 2013 |
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| Italian to English translations [PRO] Law: Contract(s) / concordato preventivo | |||||||
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| 5 | subordinated |
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| 4 | deferred |
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Answers
1 hr confidence: 
subordinated Explanation: Given a lower priority in the payment of creditors. http://it.wikipedia.org/wiki/Privilegio http://eur-lex.europa.eu/Notice.do?mode=dbl&lang=en&ihmlang=... Subordination (finance) - Wikipedia, the free encyclopedia en.wikipedia.org/wiki/Subordination_(finance) Subordination is the process by which a creditor is placed in a lower priority for the collection of its debt from its debtor's assets than the priority the creditor ... -------------------------------------------------- Note added at 1 hr (2013-05-10 21:05:13 GMT) -------------------------------------------------- It is the opposite to preferred or privileged. |
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2 days 1 hr confidence: 
deferred Explanation: prededuzione - *pre*preferential (debts) privilegio - preferred or preferential chirografo - unsecured postergato - deferred e.g. company founder's shares a.k.a. deferred sshares. Reference: http://www.law-pedia.com/deferred-debt.htm |
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