põhivõlgniku
Põhivõlgnik is an Estonian legal term that translates to "principal debtor" or "main debtor." It refers to the individual or entity who is primarily liable for the repayment of a debt. In a loan agreement or other financial obligation, the põhivõlgnik is the one who initially promised to fulfill the contractual terms, typically by making payments.
The põhivõlgnik's obligation is direct and unconditional. This means that the creditor can, without needing to
In situations where there are multiple parties involved in a debt, such as co-signers or guarantors, the