Words / D / Law

del credere

adjective/dɛl ˈkreɪdəri/

C2CEFR level
97/100Rarity: very rare
TechnicalRegister

Describing an agent who, for extra commission, guarantees that the buyers they introduce will pay.

As a del credere agent, she bore the risk of the customer's default and had to make good the unpaid invoices.

Topic: Contracts in Legal English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More law words: Contracts