Del Credere Definition


Of belief or trust. Used in connection with agents who guarantee the good faith or financial capability of the persons or entities on whose behalf they act. See also agent.

Webster's New World Law

(business) Engaging, when selling goods on credit, to guarantee to the principal that the purchaser is solvent. The seller is otherwise responsible for the debt.


Origin of Del Credere

  • Italian, of belief or trust.

    From Wiktionary

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