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:

    “Most of the money given by rich people in “charity” is made up of conscience money, “ransom,” political bribery, and bids for titles.... One buys moral credit by signing a cheque, which is easier than turning a prayer wheel.”
    —George Bernard Shaw (1856–1950)

    “The Republican convention, an event with the intellectual content of a Guns’n’Roses lyric attended by every ofay insurance broker in America who owns a pair of white shoes.”
    —P.J. (Patrick Jake)