| 单词 | credit insurance |
| 释义 | credit insurance credit insurance noun [U,C]
1 insurance that a company buys to protect themselves against financial losses if customers do not pay their bills: The company has taken out credit insurance to guard against bad debt.
2 (also consumer credit insurance) insurance that sb buys that will make payments on a loan, credit card, etc. if they cannot make them, for example because they become ill and cannot work: You are not obliged to take out credit insurance when borrowing money. |
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