Share this entry

Share this page

credit insurance

Line breaks: credit in¦sur|ance

Definition of credit insurance in English:


[mass noun]
Insurance taken out to protect against bad debts.
Example sentences
  • Over the coming weeks and months, it will be interesting to see if market confidence wanes regarding the mountains of credit derivatives and credit insurance.
  • Before you finalize your paperwork, the dealership will offer you extended warranty plans and credit insurance to further protect your new investment.
  • In terms of insurance products, we have medium term credit insurance, which is simply payment insurance for a term longer than two years.

Share this entry

Share this page


What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day quintillion
Pronunciation: kwɪnˈtɪljən
a thousand raised to the power of six…