invoice discounting
An arrangement whereby a creditor sells his debts to a discounter for an immediate sum. The creditor however remains responsible for collection and then remits the proceeds to the discounter.

Easyform Glossary of Law Terms. — UK law terms.


invoice discounting

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Look at other dictionaries:

  • invoice discounting — ➔ discounting * * * invoice discounting UK US noun [U] FINANCE ► DISCOUNTING(Cf. ↑discounting) …   Financial and business terms

  • invoice discounting — A form of debt discounting in which a business sells its invoices to a factoring house at a discount for immediate cash. The service does not usually include sales accounting and debt collecting …   Accounting dictionary

  • invoice discounting — A form of debt discounting in which a business sells its invoices to a factoring house at a discount for immediate cash. The service does not usually include sales accounting and debt collecting …   Big dictionary of business and management

  • invoice discounting — / ɪnvɔɪs ˌdɪskaυntɪŋ/ noun a method of obtaining early payment of invoices by selling them at a discount to a company which will receive payment of the invoices when they are paid. (The debtor is not informed of this arrangement, as opposed to… …   Dictionary of banking and finance

  • Discounting — Calculating the present value of a future amount. The process is opposite to compounding. The New York Times Financial Glossary * * * discounting dis‧count‧ing [ˈdɪsˌkaʊntɪŋ] noun [uncountable] FINANCE 1. also invoice discounting …   Financial and business terms

  • discounting — Calculating the present value of a future amount. Discounting is opposite to compounding. Bloomberg Financial Dictionary * * * discounting dis‧count‧ing [ˈdɪsˌkaʊntɪŋ] noun [uncountable] FINANCE 1. also …   Financial and business terms

  • Factoring (finance) — This article is about finance. For other uses, see Factor (disambiguation). Corporate finance …   Wikipedia

  • 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

  • Debtor finance — is a generic description of a funding process, based on the value of a business accounts receivable ledger. Debtor finance is also marketed as invoice discounting, factoring, cashflow finance, asset finance, invoice finance and working capital… …   Wikipedia

  • First Trust Bank — For other banks with a similar name, see First Bank. First Trust Type Subsidiary of AIB Founded Belfast, Northern Ireland (1991) …   Wikipedia

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