| 单词 | undisclosed factoring |
| 释义 | undisclosed factoring A form of factoring in which the seller of goods does not wish to disclose that a factor is being used. In these circumstances, the factor buys the goods that have been sold (rather than the debt their sale incurred) and, as an undisclosed principal, appoints the original seller to act as an agent to recover the debt. The factor assumes responsibility in the case of non-payment so that from the point of view of the seller, the factor offers the same service as in normal factoring. |
| 随便看 |
|
英汉经管词典收录了5297条经济管理类英汉双解词条，基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法，是学习及工作的有利工具。