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单词 credit insurance
释义 credit insurance

1) An insurance policy that continues the repayments of a particular debt in the event of the policyholder being financially unable to do so because of illness, death, redundancy, or any other specified cause.

2) A form of insurance or credit guarantee against losses arising from bad debts. This is not usually undertaken by normal insurance policies but by specialists known as factors

See also:

Export Credits Guarantee Department.

See:

factoring.

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更新时间:2025/3/15 1:20:46