Financial Risks Insurence

Vãduva Cecilia Elena ()
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Vãduva Cecilia Elena: "Constantin Brancu?i" University of Targu-Jiu

Ovidius University Annals, Economic Sciences Series, 2012, vol. XII, issue 1, 713-718

Abstract: The credit insurance protects the dealers and the producers from the risk of non-payment by the consumers who buy or rent goods or benefit from similar credit facilities. It appeared as a necessity coming from the fact the most of the trade contracts are concluded when the payment is made partially or totally after the delivery of the goods or the performance of the services making the contract object, so with a late payments, respectively “a credit sale”.

Keywords: risk; insurance; credit insurance; descentralized economy (search for similar items in EconPapers)
JEL-codes: E20 E22 E24 (search for similar items in EconPapers)
Date: 2012
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