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单词 accounts receivable financing
释义

accounts receivable financing

Definition
Using amounts owed by customers as collateral in raising a secured short-term loan on a one-time or on a continuous basis. In case of a default, the lender has the right to collect receivables directly from the named debtors of the firm. It is a type of 'off balance sheet' financing. Also called pledging of accounts receivable. See also discounting and factoring.
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更新时间:2025/4/18 9:55:54