Del credere agent: Difference between revisions
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An agent that guarantees to his principal, for an additional commission, that third parties involved in the transaction will pay on the due date and, if they fail to do so, that the del credere agent himself will pay the debt due. | An agent that guarantees to his principal, for an additional commission, that third parties involved in the transaction will pay on the due date and, if they fail to do so, that the del credere agent himself will pay the debt due. | ||
== See also == | == See also == | ||
* [[Agency]] | * [[Agency]] | ||
* [[Agent]] | * [[Agent]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
