单词 | del credere |
释义 | del credereadv.n.adj. Law (now chiefly Australian). A. adv. 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. ΚΠ 1682 J. Scarlett Stile of Exchanges xxvii. 188 He that remits in Commission, does either remit for the account of him to whom he remits, or for a third Person, and he either stands del Credere, or not for the Remises. 1799 T. W. Williams Abridgem. Cases Courts of Law II. 56 Then and in such case the said Robert Garvey, and Co. shall stand del credere for the purchasers. 1833 F. A. Carrington & J. Payne Rep. Cases Nisi Prius V. 472 I did not stand del credere in this transaction. 1995 K. Emms & A. Squires Stock & Station Agents' Handbk. iv. 34 Where agents do not guarantee payment to their vendors and accordingly, do not act del credere, they may only charge up to 3½ per cent. B. n. 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. Also: the commission charged for this guarantee (cf. del credere commission n. at Compounds).Used either as a count noun (as in to give a del credere, to pay a del credere) or as a mass noun (as in to be bound by del credere, to charge del credere). ΘΚΠ the mind > language > speech > agreement > promise > [noun] > pledge or assurance > particular type of assumpsit1586 del credere1682 peace pledge1857 sacrament1880 1682 J. Scarlett Stile of Exchanges 192 A Remitter in Commission with del Credere, is at the returning of a Bill with protest for Non-payment, obliged..to make good the said Value. 1794 T. Gisborne Enq. Duties Men xiv. 539 The agent..occasionally charges the del credere at a higher rate than is justifiable. 1826 G. J. Bell Comm. Laws Scotl. (ed. 5) II. 240 (note) The Court..[was] of the opinion that the del credere bound them. 1916 Tweed Daily (Murwillumbah, Austral.) 29 Jan. What commission do you pay in London?.. Two and a half per cent, with a del credere of..over three-quarters per cent. 2012 Weekly Times (Australia) (Nexis) 14 Nov. (Focus section) 70 More importantly, del credere doesn't cover you if your [stock and station] agent becomes insolvent. C. adj. (attributive). Of or relating to the guarantee of payment given by a selling agent or broker on behalf of a buyer (see sense B.), as in del credere agent, del credere account, del credere terms, etc.Recorded earliest in commission del credere, variant of del credere commission n. at Compounds. ΚΠ ?1785 tr. Agreem. Amsterdam 1782 in Before Lords Commissioners of Appeals Prize Causes: Arend op Zee: Case on Behalf Respondents 5 Together with Restitution of the Premium of Insurance disbursed thereon, and also what he may have paid for Commission del Credere. 1891 Law Times 91 224/1 Nor is there any general presumption of law which fixes the broker with liability as a del credere agent. 1925 R. S. Smith Markets Northern Chile 10 There are some banks in Belgium that make a specialty of assuming del credere risk in connection with lumber shipments. 2008 Econ. Hist. Rev. 61 704 The Reckitts employed commission agents who dealt exclusively with the firm's goods on del credere terms. Compounds del credere commission n. (also †commission del credere) a charge made for the guarantee of payment given by a selling agent or broker on behalf of a buyer (see sense B.). ΚΠ ?1785 tr. Agreem. Amsterdam 1782 in Before Lords Commissioners of Appeals Prize Causes: Arend op Zee: Case on Behalf Respondents 5 Together with Restitution of the Premium of Insurance disbursed thereon, and also what he may have paid for Commission del Credere. 1849 J. H. Freese Commerc. Class-bk. 48 Under the item Charges, must be included a charge for guaranteeing the debt, called Delcredere or guarantee commission, when the consignee makes himself responsible for the prompt payment of the debt. 1956 Tucson (Arizona) Daily Citizen 1 Sept. 7/1 To carry on a general business as commission merchant, selling agent and factor under del credere commission. 2009 C. Von Bar et al. Princ., Definitions & Model Rules European Private Law iv. 357 The commercial agent is entitled to be paid a commission of a reasonable amount on contracts to which the del credere guarantee applies (del credere commission). This entry has been updated (OED Third Edition, March 2020; most recently modified version published online March 2022). < adv.n.adj.1682 |
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