Credit limit

 

Meaning of the word: Credit limit

Credit limit is the maximum amount of the claim of client against the insurance company. This is the upper limit of the credit risk, which is the insurance company willing to take against a particular policy. The amount of this limit is stated in the contract. The main purpose of credit limit is maintaining accounts receivable to the extent that the customer will be able to repay.

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Direct marketing

Direct marketing is a kind of straight away marketing with advantage of direct addressing and targeting the costumer. The main aims of this marketing…

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