del credere agent
Definition
Sales agent who guarantees that a buyer is trustworthy and, in case the buyer defaults, compensates the principal (the seller). To cover such risks, del credere agents charge higher than normal commission rates. Italian for, of belief or of trust.
Popular 'Banking, Commerce & Finance' Terms
del credere agent in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/del-credere-agent.html
