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Credit Insurance |
Also found in: Wikipedia | 0.01 sec. |
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Credit insurance Credit Insurance An insurance policy protecting a company in the event that it does not collect an unusually large amount of its accounts receivable. A company's accounts receivable represent what it is owed on its credit sales. Every company that makes credit sales takes the risk that its customers will not or cannot pay what they owe. Credit insurance is one way to reduce this risk. See also: Factoring. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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