accounts receivable insurance
accounts-receivable insurance. See accounts-receivable insurance and credit insurance under INSURANCE.
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Search Results for: ACCOUNTS-RECEIVABLE INSURANCE
credit insurance
An agreement to indemnify against loss that may result from the death, disability, or insolvency of someone to whom credit is extended. • A debtor typically purchases this type of insurance to ensure the repayment of the loan. — Also termed accounts-receivable insurance.