- del credere agent
- An agent who guarantees his principal against the default of those with whom contracts are made. See del credere factor.
Ballentine's law dictionary. Anderson, W.S.. 1998.
del credere agent
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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
del credere agent — del credere agent, a factor or agent who guarantees his principal against loss due to insolvency on contracts which he has made with third parties … Useful english dictionary
del credere agent — /del kreɪdərɪ ˌeɪdʒənt/ noun an agent who receives a high commission because they guarantee payment by customers … Marketing dictionary in english
del credere agent — /del kreɪdərɪ ˌeɪdʒənt/ noun an agent who receives a high commission because he or she guarantees payment by customers … Dictionary of banking and finance
del credere agent — A selling agent who guarantees to pay for any goods sold on behalf of a principal if the customer fails to do so. An extra commission is charged for covering this risk … Big dictionary of business and management
Del Credere Agent — spezielle Form des ⇡ Absatzmittlers, der neben der Vermittlung und dem Abschluss von Geschäften als zusätzliche Dienstleistung für seine Auftraggeber (Hersteller, Exporteur) gegen eine ⇡ Delkredereprovision das Risiko des Forderungsausfall… … Lexikon der Economics
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 Agency — In business law, a del credere agency is a type of principal agent relationship wherein the agent acts not only as a salesperson or broker for the principal, but also as a guarantor of credit extended to the buyer. If the buyer is unable to pay… … Investment dictionary
