factoring
DefinitionThe selling of a company's accounts receivable, at a discount, to a factor, who then assumes the credit risk of the account debtors and receives cash as the debtors settle their accounts. also called accounts receivable financing.
This content can be found on the following page:
factoring is ...
... part of the Accounting subject.
... part of the Accounting subject.
Related Terms
discounted, tax equivalent yield
factoring appears in the definitions of these other terms on BusinessDictionary.com
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