b4599b61_mon_Credit_Management_Keywords__Definition
[Term] Credit insurance [Definition] 
Insurance against bad debts. This form of insurance has expanded since it became the practice for the insured to accept liability for an agreed portion of the debt, as otherwise there would be little to inspire the creditor to hurry the debtor for payment.
A to Z Glossary Of Credit Management Keywords - The A to Z Glossary of Common Credit Management Keywords
Definition