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单词 to stand del credere
释义

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to stand del credere
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.
extracted from del credereadv.n.adj.
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更新时间:2024/12/24 11:12:51