Umsóknaraðili
Umsóknaraðili is an Icelandic term that translates to "applicant" or "applicant party" in English. It refers to an individual, company, or organization that formally applies for something. This could be for a job, a loan, a permit, a license, or any other opportunity that requires a submission of an application. The umsóknaraðili is the entity that initiates the process by expressing interest and providing the necessary information and documentation as stipulated by the requesting party.
The responsibilities of an umsóknaraðili typically include accurately completing the application form, providing truthful and relevant