Del Credere Agency — In business law, a del credere agency is a type of principal agent relationship wherein the agent acts not only as a salesperson or broker for the principal, but also as a guarantor of credit extended to the buyer. If the buyer is unable to pay… … Investment dictionary
Del credere — A del credere (Italian for belief or trust) agent, in English law, is one who, selling goods for his principal on credit, undertakes for an additional commission to sell only to persons who are absolutely solvent. His position is thus that of a… … Wikipedia
del credere agent — see agent Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. del credere agent … Law dictionary
del credere — (ˈ)del|krādərē adjective Etymology: Italian, of belief, of trust of a commission merchant or agent or an agency agreement : relating to or guaranteeing performance or payment by third persons to the principal in connection with sales or… … Useful english dictionary
agency — agen·cy n pl cies 1: the person or thing through which power is exerted or an end is achieved death by criminal agency W. R. LaFave and A. W. Scott, Jr. 2 a: a consensual fiduciary relationship in which one party acts on behalf of and under the… … Law dictionary
agency — A relationship between two persons, by agreement or otherwise, where one (the agent) may act on behalf of the other (the principal) and bind the principal by words and actions. Relation in which one person acts for or represents another by latter … Black's law dictionary
agency — A relationship between two persons, by agreement or otherwise, where one (the agent) may act on behalf of the other (the principal) and bind the principal by words and actions. Relation in which one person acts for or represents another by latter … Black's law dictionary
agent — 1) Any person appointed by another (the principal) to act on his or her behalf. See agency relationship 2) In contract law, a person appointed by a principal to negotiate a contract between the principal and a third party. If an agent discloses… … Big dictionary of business and management
delegate — del·e·gate 1 / de li gət/ n [Medieval Latin delegatus, from Latin, past participle of delegare to appoint, put in charge]: a person empowered to act on behalf of another: as a: a person who is authorized to perform another s duties under a… … Law dictionary