Question

write meaning of factoring​

Answer 1

Answer:

Factoring is a financial transaction and a type of debtor finance in which a business sells its accounts receivable (i.e., invoices) to a third party (called a factor) at a discount. A business will sometimes factor its receivable assets to meet its present and immediate cash needs.

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Answer 2

Answer:

Factoring is a financial transactions and a type of debtor finance in which a business sells its accounts receivable to a third party at a discount is called factoring.

Explanation:

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