Meaning of excussion | Babel Free
Definitions
The process or proceedings whereby a creditor must proceed against a principal debtor before proceeding against a surety or subsidiary debtor.
countable, uncountable
Equivalents
Deutsch
Vorausklage
Svenska
process
Examples
“There has been excussion against the principal debtor, who has no assets. The creditor is therefore proceeding against the surety.”
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.