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delcrederebeding

English translation: Del credere clause

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Dutch term or phrase:delcrederebeding
English translation:Del credere clause
Entered by: xxxJon O
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08:52 Mar 7, 2007
Dutch to English translations [PRO]
Law: Contract(s)
Dutch term or phrase: delcrederebeding
Art.24 Delcrederbeding
De handelsagent staat geen delcredere of is niet aansprakelijk voor de verplichtingen die voor derden uit een door hem bemiddelde of afgesloten zaak voortvlooien

This is from a Belgian sales agency contract
xxxJon O
United Kingdom
Local time: 20:14
Del credere condition
Explanation:
Del credere : "The obligation undertaken by a factor, broker or commission merchant, when he guarantees and becomes responsible for the solvency of the persons to whom he sells".
- Shorter OED
Selected response from:

Neil Crockford
Local time: 19:14
Grading comment
Thanks, that was much more simple than I'd imagined
4 KudoZ points were awarded for this answer

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Summary of answers provided
5 +1Del credere conditionNeil Crockford


Discussion entries: 2





  

Answers


11 mins   confidence: Answerer confidence 5/5 peer agreement (net): +1
Del credere condition


Explanation:
Del credere : "The obligation undertaken by a factor, broker or commission merchant, when he guarantees and becomes responsible for the solvency of the persons to whom he sells".
- Shorter OED

Neil Crockford
Local time: 19:14
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4
Grading comment
Thanks, that was much more simple than I'd imagined

Peer comments on this answer (and responses from the answerer)
agree  writeaway: also immediately findable in the context in English on Google. matter of bothering to look
1 hr
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