A del credere relationship is one in which an agent guarantees its customer's payments to the principal.

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In a del credere relationship, the agent (also known as a del credere agent) guarantees payment by the customer to the principal, and therefore assumes the risk of the customer's default. This guarantees additional security to the principal, and the agent typically receives a higher commission or fee for taking on this extra risk.

A Del Credere Relationship Is One in Which an Agent