excussion
Appearance
English
[edit]Etymology
[edit]Latin excussus, past participle of excutere (“to shake off”).
Noun
[edit]excussion (countable and uncountable, plural excussions)
- The process or proceedings whereby a creditor must proceed against a principal debtor before proceeding against a surety or subsidiary debtor.
- There has been excussion against the principal debtor, who has no assets. The creditor is therefore proceeding against the surety.
Related terms
[edit]Translations
[edit]credit process
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