Credit Insurance

Credit insurance may refer to:

  • trade credit insurance, purchased by businesses to insure payment of credit extended by the business
  • payment protection insurance, purchased by consumers to insure payment of credit extended to the consumer
  • credit derivative, financial instrument or technique designed to separate and then transfer the credit risk of an underlying loan


Famous quotes containing the words credit and/or insurance:

    Bless my soul, Sir, will you Britons not credit that an American can be a gentleman, & have read the Waverly Novels, tho every digit may have been in the tar-bucket?
    Herman Melville (1819–1891)

    Before I get through with you, you will have a clear case for divorce and so will my wife. Now, the first thing to do is arrange for a settlement. You take the children, your husband takes the house, Junior burns down the house, you take the insurance and I take you!
    S.J. Perelman, U.S. screenwriter, Arthur Sheekman, Will Johnstone, and Norman Z. McLeod. Groucho Marx, Monkey Business, terms for a divorce settlement proposed while trying to woo Lucille Briggs (Thelma Todd)