Del credere


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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.
References in periodicals archive ?
Tenders are invited for Appointment of Del Credere Associates cum Consignment Stockist (DCA cum CS)
The coverage goes by many names: del credere insurance, business credit insurance, export credit insurance, accounts receivable insurance or short-term credit insurance.
Von Balthasar recuerda que, para Anselmo, "el intelligere esta totalmente al servicio del credere, incluso cuando se prescinde metodologicamente del credere para dejar que se desarrolle el intelligere" (Tomo I, 69).