Legal Definition and Related Resources of Del Credere
Synonyms and Definition Contents
- Legal Definition and Related Resources of Del Credere
- Meaning of Del Credere
- Related Entries of Del Credere in the Encyclopedia of Law Project
- Del Credere in Historical Law
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.
Related Entries of Del Credere in the Encyclopedia of Law Project
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Del Credere in Historical Law
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Legal Abbreviations and Acronyms
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- Article Name: Del Credere
- Author: Dictionary Definitions
Of belief or trust. As applied to an agent, the term means a factor, who sells goods on credit for an additional [...]
This entry was last modified: February 5, 2013