Del credere risk

Del credere risk,

Definition of Del credere risk:

  1. Of or relating to the guarantee of payment given by a selling agent or broker on behalf of a buyer, as in del credere agent, del credere account, del credere terms, etc.

  2. A guarantee, given by a selling agent or broker on behalf of a buyer, to pay the seller if the buyer fails to do so.

  3. Probability of loss from the inability or unwillingness of a counterparty to fulfill its payment obligations.

  4. In the function of guarantor. Chiefly in to stand del credere: (of a selling agent or broker) to provide a guarantee, in an agreement brokered between buyer and seller, to pay the seller if the buyer fails to do so; to stand as guarantor.

Meaning of Del credere risk & Del credere risk Definition