ultimo locoglossary / ULTIMO LOCO ultimo loco ([schwa]l-ti-moh loh-koh). [Latin] Hist. In the last place. • The phrase usu. referred to the position of a claimant who takes only after all other claims have been satisfied. 词条贡献者 译者玉晶,毕业于世界顶级翻译学院,擅长翻译各种与风险投资相关的法律文件。