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Del credere

   Also found in: Legal, Wikipedia 0.03 sec.
Del` cred´er`e
1.(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, 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.
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Diemen NL, Branch Baar, is part of the METRO Group and handles the processing of payment transactions (collection and central processing) for the assigning European companies and their suppliers, the del credere and international coordination tasks.
METRO Group Distributes Electronic Invoices Using the AuthentiDate ... by Business Wire
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