Glossary entry

English term or phrase:

initiates an arrangement for composition

Croatian translation:

započne dogovor o restrukturiranju duga

Added to glossary by Dinap
Oct 23, 2017 08:45
6 yrs ago
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English term

initiates an arrangement for composition

English to Croatian Bus/Financial Law: Contract(s) economy
should the other Party be declared bankrupt, initiates an arrangement for composition (or other proceedings for custodian of supplier’s assets), goes into liquidation, suspends its payments or otherwise may be deemed to be insolvent.
Proposed translations (Croatian)
3 +1 započne dogovor o restrukturiranju duga

Proposed translations

+1
2 hrs
Selected

započne dogovor o restrukturiranju duga

započeti dogovor o restrukturiranju duga

Composition is an arrangement to restructure a firm's debt, under which payment is reduced.
Peer comment(s):

agree gavrilo : yessss - ДА :)
11 hrs
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4 KudoZ points awarded for this answer. Comment: "HVALA!"
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