Factoring is sale of receivables to a financial institution usually on a ‘non-recourse’ basis.

Factoring is the sale of the shorter-term assets of a business firm that are expected to roll over into cash in the near term, such as accounts receivable and inventory, in order to raise more working capital.

Factoring is the sale of accounts receivable to a bank or other lender, generally at a considerable discount.

Webster Dictionary Meaning

1. Factoring
- The act of resolving into factors.
2. Factoring
- of Factor
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