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Related Definitions
Factoring Company Factoring company is a firm that buys a business open-book accounts for sometimes consumer credit accounts and customarily absorbs all losses...
Credit scoring Credit scoring is the use of a discrimination equation to classify loan applicants according to the probability of their repaying their loans,
Single-anchor leg mooring Single-anchor leg mooring refers to a mooring facility, dedicated to the offshore petroleum discharge system, which permits a tanker to remain on station ...
Nearshoring Nearshoring is the outsourcing production or services to locations near a firm’s home base.
Off shoring Off shoring is the transfer of work to foreign contractors.
Virtual mentoring Virtual mentoring is a form of mentoring whereby the mentor and mentored communicate from a distance, utilizing either e-mail or other forms of electronic conferencing.
Mentoring Mentoring is a career development method whereby less experienced employees are matched with more experienced colleagues for guidance either through formal or informal programs.
Electronic monitoring Electronic monitoring is an employee surveillance practice where items such as telephone calls or e-mail/Internet usage are observed for general business, training or performance-related reasons.
Factoring Factoring is sale of receivables to a financial institution usually on a ‘non-recourse’ basis
Credit Scoring System Credit Scoring System is a statistical system used to determine whether or not to grant credit by assigning numerical scores to various