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Financial Risks Insurence

Author

Listed:
  • Vãduva Cecilia Elena

    ("Constantin Brancu?i" University of Targu-Jiu)

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”.

Suggested Citation

  • Vãduva Cecilia Elena, 2012. "Financial Risks Insurence," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 713-718, May.
    • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:12:p:713-718
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    More about this item

    Keywords

    risk; insurance; credit insurance; descentralized economy;
    All these keywords.

    JEL classification:

    • E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity

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