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Home > QFINANCE Dictionary > Definition of del credere agent

Definition of

del credere agent

Finance

sales agent who guarantees purchaser's payment an agent who agrees to sell goods on commission and pay the principal even if the buyer defaults on payment. To cover the risk of default, the commission is marginally higher than that of a general agent.

Definitions of ’del credere agent’ and meaning of ’del credere agent’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’del credere agent’ and other financial terms with our online QFINANCE Financial Dictionary.

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