A 50 % acknowledgment from the prices listed

< Previous | Next >

Marco dalla Cina

New Member
Italian
Dear all,

I wanted to kindly ask your help on this. I'm looking at a contract and the people who drew it have added this clause which I need to make sure I understand correctly.

"It is agreed that the borrower can purchase the paintings with a 50% acknowledgment from the price listed in the appendix."

Does acknowledgment mean a discount in this sentence?

thanks

Marco
 
  • < Previous | Next >
    Top