TTMEM - Japanese to English glossary of credit insurance terms

Japanese to English glossary of credit insurance terms

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買主が商品や役務の代金を請求書上の期限までに支払わないこと。これは、倒産やいわゆるチャプターイレブン（被保険者の保険によって担保されているその他の買主による代金不払い）と同様、信用保険事故事由たりうる。	Failure by a buyer to make payment for delivered goods or services by the due date specified in the invoice or sales contract. A default is an event that could lead to a loss for the credit insurer such as bankruptcy, Chapter 11 or any other failure to pay of the buyer which is covered under the insured's policy.

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