Credit Insurance Financial Glossary
What is it? An insurance policy that pays off debts should the borrower lose their job, die, or become disabled.Finance Term Definition Added By: Caroline
The Credit Insurance definition has been viewed 578 Time(s)!
Send To Friends!
If you'd like to send the Credit Insurance definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Credit Insurance. If you need any more information on this term, please don't hesitate to contact us.
Other Similar Finance Terms:
Financial Term Bid is The lowest price anyone wants to sell the security for at a given time. (See Ask, and Bid-Ask Spread)Financial Term Shared equity mortgage is A home loan in which the lender is granted a share of the equity in the property, there by allowing the lender to participate in the proceeds from resale. Shared equity plans often require the lender to buy a portion of the equity by providing a portion of the down payment.
Financial Term Personal Loan is A loan secured by property other than real estate, or unsecured.
Financial Term OpenEnd Fund is A mutual fund that stands ready to redeem stocks and issue new stock. Also see closed-end funds.
Financial Term Ground rent is The rent paid on leased land. Same as land rent.