Factoring (noun) Definition, Meaning & Examples

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noun
  1. the business of purchasing and collecting accounts receivable or of advancing cash on the basis of accounts receivable.
  2. the act or process of separating an equation, formula, cryptogram, etc., into its component parts.
noun
  1. the business of a factor
  2. the business of purchasing debts from clients at a discount and making a profit from their collection
Factoring (noun) Definition, Meaning & Examples

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