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: See: |
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