What Does Credit - Credit Default Mean?

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What does Credit - Credit Default mean? Read on to discover the definition & meaning of the term Credit - Credit Default - to help you better understand the language used in insurance policies.

Credit - Credit Default

Credit - Credit Default

Credit Default - coverage purchased by manufacturers, merchants, educational institutions, or other providers of goods and services extending credit, for indemnification of losses or damages resulting from the nonpayment of debts owed to them for goods or services provided in the normal course of their business.

We hope the you have a better understanding of the meaning of Credit - Credit Default.

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