del credere Synonyms
No Synonyms and anytonyms found
del credere Meaning
del credere ()
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.
del credere Sentence Examples
- As a del credere agent, he assumed the additional risk of guaranteeing payment for goods sold.
- The company offered a del credere commission to incentivize the agent to take on more responsibility.
- She negotiated with the supplier to secure a del credere agreement, ensuring payment protection.
- The del credere clause in the contract provided assurance to both parties in the transaction.
- The del credere agent acts as a guarantor for transactions, ensuring the buyer's obligation.
- The del credere commission compensated the agent for the higher risk involved in the transaction.
- His role as a del credere agent required careful assessment of the buyer's creditworthiness.
- The del credere relationship between the buyer and seller facilitated smoother transactions.
- The del credere provision in the contract offered peace of mind to both parties.
- They opted for a del credere agreement to mitigate financial risks associated with the transaction.
FAQs About the word del credere
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 good
No synonyms found.
No antonyms found.
As a del credere agent, he assumed the additional risk of guaranteeing payment for goods sold.
The company offered a del credere commission to incentivize the agent to take on more responsibility.
She negotiated with the supplier to secure a del credere agreement, ensuring payment protection.
The del credere clause in the contract provided assurance to both parties in the transaction.
