Marsh.

It is far more expensive to write off a bad debt than it is to pay for trade credit

Trade credit

Credit one firm grants to another firm for the purchase of goods or services. insurance, which generally costs less than 1 percent of sales, according to research from Marsh.

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Title Annotation:	research of trade credit insurance
Publication:	Financial Executive
Article Type:	Brief Article
Geographic Code:	1USA
Date:	Jul 1, 2005
Words:	34
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Topics:	Commercial policy Credit insurance Research Trade policy

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