Del Credere

Del Credere in International Trade

Meaning of Del Credere, according to the Dictionary of International Trade (Global Negotiator): As relates to international commercial agency relationships, a del credere agent is one who guarantees the ability to pay prospective clients he or she has brought to the principal; in exchange, the del credere agent is usually accorded a higher percentage commission that is a regular agent.

As relates to risk in general, del credere risk is the risk that a party will be unable to meet its financial obligations.