单词 | factoring |
释义 | factoring factoring // noun [U]
EXPORT FACTORING
(Finance ) a financial arrangement in which a bank or other business (a factor) buys the right to collect payments that are owed to a manufacturer. The factor pays the debts and then collects the money, receiving a percentage of the money owed for doing this: They sold their debts to a bank under a factoring arrangement in order to raise cash. debt/invoice factoring a factoring company/agent |
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