Glossary entry

Italian term or phrase:

l’inopponibilità del credito

English translation:

the debt is unenforceable

Added to glossary by EirTranslations
Jan 15, 2018 20:34
6 yrs ago
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Italian term

l’inopponibilità del credito

Italian to English Bus/Financial Business/Commerce (general)
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In particolare per l’agenzia delle entrate e per l’istituto nazionale di previdenza sociale è prevista l’inefficacia del titolo di prelazione spettante sui crediti dei quali sono titolari, mentre per l’agente della riscossione delle imposte è prevista l’inopponibilità del credito per spese ed oneri di riscossione.
Proposed translations (English)
3 the debt is unenforceable

Proposed translations

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the debt is unenforceable

The titolo di prelazione is the seniority ranking, the right to be paid before other creditors is not valid and then amounts owed to the agenzia cannot be enforced for collection expenses. However in English you enforce payment of the debt owed rather than payment of the credit. It is similar to "crediti fornitori" translates into UK English as "trade debtors".

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