TERMIUM Plus®

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ASSOCIE ENTRANT [1 record]

Record 1 1998-11-04

English

Subject field(s)
  • Occupation Names (General)
  • Corporate Economics
  • Banking
DEF

A person who joins a firm, will have no liability to creditors of that firm prior to his date of joining. [Klein, Gerald. Dictionary of Banking. Pitman Publishing, 1995].

OBS

In banking when the partnership changes, it is customary to stop the account and open a new one unless the new partner is willing to accept any liability for any previous debts. [Klein, Gerald. Dictionary of Banking. Pitman Publishing, 1995].

French

Domaine(s)
  • Désignations des emplois (Généralités)
  • Économie de l'entreprise
  • Banque

Spanish

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