fidejussion Synonyms
No Synonyms and anytonyms found
fidejussion Meaning
Webster
fidejussion (n.)
The act or state of being bound as surety for another; suretyship.
fidejussion Sentence Examples
- A fidejussion is a legal contract where one party agrees to be liable for the debt or obligation of another party.
- In a fidejussion, the person who guarantees the debt is called the fiador or surety.
- The person to whom the debt is owed is called the creditor.
- The debt or obligation that is guaranteed by the fidejussion is called the principal obligation.
- A fidejussion can be either express or implied.
- An express fidejussion is one that is explicitly stated in a written or oral contract.
- An implied fidejussion is one that is inferred from the conduct of the parties.
- A fidejussion can be either limited or unlimited.
- A limited fidejussion guarantees only a portion of the principal obligation.
- An unlimited fidejussion guarantees the entire principal obligation.
FAQs About the word fidejussion
The act or state of being bound as surety for another; suretyship.
No synonyms found.
No antonyms found.
A fidejussion is a legal contract where one party agrees to be liable for the debt or obligation of another party.
In a fidejussion, the person who guarantees the debt is called the fiador or surety.
The person to whom the debt is owed is called the creditor.
The debt or obligation that is guaranteed by the fidejussion is called the principal obligation.