del credere guarantee

del credere guarantee
del credere guarantee LAW Delkredere-Vereinbarung f, Delkredere-Absicherung f (contracts)

Englisch-Deutsch Fachwörterbuch der Wirtschaft . 2013.

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

  • 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,… …   The Collaborative International Dictionary of English

  • del credere agency — an agent who, in selling goods on credit, guarantees to his principal the solvency of the purchaser and that the purchaser will duly perform his part of the contract. This guarantee attracts an extra commission (known as a del credere commission) …   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 agent — /del kreɪdərɪ ˌeɪdʒənt/ noun an agent who receives a high commission because they guarantee payment by customers …   Marketing dictionary in english

  • del cred|er|e — «dehl KREHD uhr ee, KREE duhr ee», 1. Law. denoting the obligation of a factor or agent to guarantee the solvency of the third parties with whom he contracts for his principal. 2. (literally) of belief or trust. ╂[< Italian del credere <… …   Useful english dictionary

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