Credit Protection

From Open Risk Manual
Revision as of 14:15, 13 February 2020 by Wiki admin (talk | contribs)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
The printable version is no longer supported and may have rendering errors. Please update your browser bookmarks and please use the default browser print function instead.

Definition

Credit Protection. It is a service offered by a factor or a receivable buyer or an insurance company where the factor accepts the risk of non-payment in the event of the inability of the debtor to repay the debt.

Retrieved from "https://www.openriskmanual.org/wiki/index.php?title=Credit_Protection&oldid=13632"
Creative Commons Attribution-NonCommercial-ShareAlike
Powered by MediaWiki