- 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.
More About del crederePosition in dictionary: 25424 of 111710 words.
Word Type: ,
Words that start with "del credere": 1
Words that end with "del credere": 1
Words that contain "del credere": 1
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