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Term of the Day
factor return
factor portfolio
factoring
Definition
Fees
received by a
factoring
company
for its
services
. A
factor
company
purchases
accounts receivables
from another company and
collects
the
receivables
in its behalf. As
payment
for its services, the factor company
retains
a portion of the
amount
collected from the receivables.
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Popular 'Accounting' Terms
current ratio
equity
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revenue
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