Ex-Im Bank

Insurance against losses due to inability or failure of the insured's customers to pay for goods sold by the insured. Business Credit insurance covers a company's accounts receivable, which typically represents more than 40% of a company's assets. Business Credit insurance covers a company's accounts receivable, which typically represents more than 40% of a company's assets.

The net assets of an individual enterprise, partnership, corporation, including not only the original investment, but the gains and profits from the business.

A claim against a customer for services rendered or goods sold on credit.

Arises from a sale of goods by a manufacturer, distribution or service company to another company when payment is made at a later date.

A corporation may be defined as a voluntary association of persons who are organized under state or federal law and recognized by the law as having a corporate name, and being entirely separate and distinct from the people who own it; having continuous li

A partnership is defined as "an association of two or more persons to carry on as co-owners of a business for profit." While no particular form of contract is necessary to create a partnership, a partnership contract usually provides what the partners' ri

A right to payment or other equitable remedy in the event of a breach of contract.