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.
引受限度額の解約や保険期間満了後においても、そ れ以前に保険責任の開始したものについては保険対 象債務の履行または保険事故の発生まで保険責任が 存続することContinuation of cover of risks which commenced before withdrawal of a credit limit or the expiry of a policy until payment or until the occurrence of a covered cause of loss.
私的買主の信用状況や財務状況が、非常危険として 定義される事項に因らずに悪化する危険であり、その 結果、買主の支払不能または破産が発生する。The risk of a deterioration in the financial situation or creditworthiness of a private buyer, resulting in payment default by or the insolvency of the buyer, not caused by circumstances or occurrences defined as political risk.

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