Del credere

Del Credere
Definition: Agent who sells goods for another party and guarantees that the buyer will pay for the goods.

Del Credere Risk
A situation where a sales agent sells on credit and for an additional commission guarantees to his principal the credit of the purchaser and the performance of the contract.
Delivery ...

del credere agency An agency, factor or broker who sells products and services for another party.... delayed A description for something that is not up to the minute. It may used in reference...

Neither does the statute apply to the promise of a del credere agent, which binds him, in consideration of the higher commission he receives, to make no sales on behalf of his principal except to persons who are absolutely solvent, ...

See also: Indemnity, Expense, Date draft, Compensation, Industrialization