Vocab Bloom Hub

mercantile agency

/ˈmɜːrkəntaɪl ˈeɪdʒənsi/

1 entry

phrase

/ˈmɜːrkəntaɪl ˈeɪdʒənsi/C1formalbusiness
  • ruБизнес, который собирает и предоставляет кредитную информацию о физических лицах или компаниях, часто используемую кредиторами и поставщиками для оценки финансовой надежности перед предоставлением кредита.

A business that collects and provides credit information about individuals or companies, often used by lenders and suppliers to assess financial reliability before extending credit.

  1. Credit reporting bureauC1formal

    A business that collects and provides information about the creditworthiness and financial standing of individuals or companies, primarily for commercial purposes.

    ruКредитное бюро

    • The bank consulted a mercantile agency before approving the loan.
    • Mercantile agencies help businesses assess the risk of extending credit.
    • The report from the mercantile agency showed the company had a strong payment history.