Del credere
Del credere Del` cred"er*e [It., of belief or trust.] (Mercantile Law) An agreement by which an agent or factor, in consideration of an additional premium or commission (called a del credere commission), engages, when he sells goods on credit, to insure, warrant, or guarantee to his principal the solvency of the purchaser, the engagement of the factor being to pay the debt himself if it is not punctually discharged by the buyer when it becomes due. [1913 Webster]

The Collaborative International Dictionary of English. 2000.

Look at other dictionaries:

  • del credere — del cre·de·re /del krā də ˌrā/ adj [Italian, of belief, of trust]: relating to or guaranteeing performance or payment by third persons to a principal in connection with transactions entered into by an agent for the principal usu. in return for… …   Law dictionary

  • del credere — /del kreydarey/ An agreement by which a factor, when he sells goods on credit, for an additional commission (called a del credere commission ), guaranties the solvency of the purchaser and his performance of the contract. Such a factor is called… …   Black's law dictionary

  • del credere — /del kreydarey/ An agreement by which a factor, when he sells goods on credit, for an additional commission (called a del credere commission ), guaranties the solvency of the purchaser and his performance of the contract. Such a factor is called… …   Black's law dictionary

  • Del credere — A del credere (Italian for belief or trust) agent, in English law, is one who, selling goods for his principal on credit, undertakes for an additional commission to sell only to persons who are absolutely solvent. His position is thus that of a… …   Wikipedia

  • del credere — /del kreɪdərɪ/ noun an amount added to a charge to cover the possibility of not being paid …   Dictionary of banking and finance

  • del credere — (ˈ)del|krādərē adjective Etymology: Italian, of belief, of trust of a commission merchant or agent or an agency agreement : relating to or guaranteeing performance or payment by third persons to the principal in connection with sales or… …   Useful english dictionary

  • Del credere — см. Комиссионные сделки …   Энциклопедический словарь Ф.А. Брокгауза и И.А. Ефрона

  • del credere — A term of Italian origin signifying guaranty or warranty …   Ballentine's law dictionary

  • del credere agent — ➔ agent * * * del credere agent UK US noun [C] ► COMMERCE a person or company that receives commission (= payment) for selling goods or services for another person or company, and that agrees to pay for the goods even if no money is received from …   Financial and business terms

  • del credere agent — see agent Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. del credere agent …   Law dictionary

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