What is the meaning of Del credere?

An agreement by which an agent or factor, in consideration of an additional premium or commission (called a del credere commission), engages, when he sells goods on credit, to insure, warrant or guarantee to his principal the solvency of the purchaser, the engagement of the factor being to pay the debt himself if it is not punctually discharged by the buyer when it becomes due.
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APAWebster's. (2011). del credere. Retrieved September 22, 2026, from http://smartdefine.org/del_credere/definitions/1995591
ChicagoWebster's. 2011. "del credere" http://smartdefine.org/del_credere/definitions/1995591 (accessed September 22, 2026).
HarvardWebster's 2011, del credere, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/del_credere/definitions/1995591>.
MLAWebster's. "del credere" 27 May 2011. Web. 22 September 2026. <http://smartdefine.org/del_credere/definitions/1995591>