- factoring debts
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An arrangement whereby a creditor sells his debts to a factor for an immediate sum and the factor then collects those debts.
Easyform Glossary of Law Terms. — UK law terms.
factoring debts
Look at other dictionaries:
factoring — fac·tor·ing n: the purchasing of accounts receivable from a business by a factor who assumes the risk of loss in return for some agreed discount Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. factoring … Law dictionary
factoring — involves the cash purchase of a business sales invoices at a discount, after which, the factoring company collects the invoiced amounts from the business customers. Factoring is used where the business needs immediate cash. Glossary of Business… … Financial and business terms
Factoring (finance) — This article is about finance. For other uses, see Factor (disambiguation). Corporate finance … Wikipedia
Factoring — Sale of a firm s accounts receivable to a financial institution known as a factor. The New York Times Financial Glossary * * * factoring fac‧tor‧ing [ˈfæktərɪŋ] also ˈdebt ˌfactoring, ˈinvoice ˌfactoring noun [uncountable] FINANCE when a… … Financial and business terms
factoring — The buying of the trade debts of a manufacturer, assuming the task of debt collection and accepting the credit risk, thus providing the manufacturer with working capital. A firm that engages in factoring is called a factor. With service factoring … Accounting dictionary
factoring — The buying of the trade debts of a manufacturer, assuming the task of debt collection and accepting the credit risk, thus providing the manufacturer with working capital. With service factoring involves collecting the debts, assuming the credit… … Big dictionary of business and management
factoring company — company that purchases debts and then collects them … English contemporary dictionary
factoring — / fæktərɪŋ/ noun the business of buying debts at a discount … Marketing dictionary in english
factoring charges — / fæktərɪŋ ˌtʃɑ:dʒɪz/ plural noun the cost of selling debts to a factor for a commission … Marketing dictionary in english
factoring — / fæktərɪŋ/ noun the business of buying debts from a firm at a discount and then getting the debtors to pay … Dictionary of banking and finance
