factoring

noun

fac·​tor·​ing
: the purchasing of accounts receivable from a business by a factor who assumes the risk of loss in return for some agreed discount

Dictionary Entries Near factoring

Cite this Entry

“Factoring.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/factoring. Accessed 24 Jul. 2024.

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