del credere agent

del credere agent
del credere agent see agent

Merriam-Webster’s Dictionary of Law. . 1996.

del credere agent
An agent who is required by the principal to enter into a guarantee of the debts to the principal of customers whom he finds for the principal with whom he concludes contracts on behalf of the principal.
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Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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Look at other dictionaries:

  • 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 — 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 — An agent who guarantees his principal against the default of those with whom contracts are made. See del credere factor …   Ballentine's law 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

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