del credere agent betydelse and definition

Betydelse av del credere agent på svenska

• 0 a person or company that receives commission (= payment) for selling goods or services for another person or company, and that agrees to pay for the goods even if no money is received from the buyer:

  • Upon default of payment he himself must pay for the goods, and for this additional service the del credere agent receives a higher commission than an ordinary sales agent.