What is the definition of Mercantile agent? | Dictionary.net

MERCANTILE AGENT

\mˈɜːkantˌa͡ɪl ˈe͡ɪd͡ʒənt], \mˈɜːkantˌa‍ɪl ˈe‍ɪd‍ʒənt], \m_ˈɜː_k_a_n_t_ˌaɪ_l ˈeɪ_dʒ_ə_n_t]\

Definitions of MERCANTILE AGENT

1910 - Black's Law Dictionary (2nd edition)

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Agent who a principal authorizes to purchase and liquidate assets, and to raise funds by using the principal's assets as loan collateral. Also refer to commercial agent.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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