mercantile agency


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mercantile agency

n
(Banking & Finance) an enterprise that collects and supplies information about the financial credit standing of individuals and enterprises
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Noun1.mercantile agency - an organization that provides businesses with credit ratings of other firmsmercantile agency - an organization that provides businesses with credit ratings of other firms; "Dun & Bradstreet is the largest mercantile agency in the United States"
agency - a business that serves other businesses
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(30) An intermediary may be constituted a buyer on sale or return, in which case his power to transfer a good title to a third party can be negatived by agreement between the owner and the intermediary, (31) this not being possible in the case of true mercantile agency. (32) In the case of motor vehicles subject to hire-purchase agreements a trade maintained central register gives a measure of protection, (33) coupled with specific legislation safeguarding private purchases.
along with report of survey by mercantile agency and opinion of credit division in addition to the calculation of peak value of receivable.
In the archives of New York's Mercantile Agency, a predecessor to Dun & Bradstreet, Sandage unearthed red-leather volumes that recount the financial affairs of thousands of businesses and individuals.