DEL CREDERE n.
An agreement by which an agent or factor, in consideration of an additional premium or commission (called a del credere commission), engages, when he sells goods on credit, to insure, warrant, or guarantee to his principal the solvency of the purchaser, the engagement of the factor being to pay the debt himself if it i…
DEPENDENT a.
without the will, power, or aid of something else; not self-sustaining; contingent or conditioned; subordinate; -- often with on or upon; as, dependent on God; dependent upon friends. England, long dependent and degraded, was again a power of the first rank. Macaulay. Dependent covenant or contract (Law), one not bind…