A Spanish or Portuguese term for a competition, contest, or contest of creditors; sometimes used in English when discussing Iberian legal or commercial matters.
From Spanish/Portuguese concurso, derived from Latin concursus. This word appears in English primarily as a loanword when discussing Spanish or Portuguese legal proceedings, financial competitions, or historical events in those countries.
Concurso is what happens when English borrows directly from Spanish legal terminology—English courts and writers had to learn this word to discuss bankruptcy proceedings or competitions in Spain, Portugal, and Latin America, creating a window into how international law requires linguistic borrowing.
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