TTMEM - Japanese to English glossary of credit insurance terms

Japanese to English glossary of credit insurance terms

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保険期間中有効であり保険者によって取消すことのできない与信限度額。ただし、格付けの低下支払遅延等のあらかじめ約定された一定の事態の発生により自動的に失効する。	Credit limits which remain valid for the duration of the policy period and cannot be cancelled by the insurer. Cover, however, may be automatically deactivated on the occurrence of certain defined events, e.g. rating downgrade, overdue payments etc.

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