die Warenkreditversicherung
Translation
trade credit insurance
Examples
Die Firma hat eine Warenkreditversicherung abgeschlossen.
The company took out a trade credit insurance policy.
Grammar Patterns
to take out ((et4)) to take out (sth., e.g. a policy) The company took out a trade credit insurance policy.
Similar Words
Synonyms: credit insurance
Etymology
A compound word from Waren (goods) + Kredit (credit) + Versicherung (insurance).
Memory Tips
It's an 'insurance' (Versicherung) for 'credit' given for 'goods' (Waren). Protects sellers from non-payment.