Del Credere
Legal Definition and Related Resources of Del Credere
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Meanings, Synonyms, Etymology, Translations and More
Meaning of Del Credere
Of belief or trust. As applied to an agent, the term means a factor , who sells goods on credit for an additional commission , guaranteeing the solvency of the purchaser and his performance of the contract. He is in the position of a surety liable to his principal in case the purchaser defaults.
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Related Legal Terms
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Del Credere