Business Terms and Jargon Explained

What is Factor

This is a business that buys credit invoices at a discounted rate from businesses. This gives the seller the money right away and the factorer earns a percentage when the invoices have been paid.

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Dollar voting Obsolete Cognition
Public Sector Brute force Jury
Profit and Loss Responsibility Eminant Domain DLL
European Court of Justice Principal Place of Business NES
Benefits in kind Unfranked Receipts Dialup
EDIFACT Disciplinary procedure PES
Dongle Sin Tax Incentive
Chambers ASCII Assignee
Ex Stock Convertible Mark Financial Intermediary
Residual Input Tax Financial economies Deep pockets
Hire purchase Accrual Accounting Deferment Trader
Satisfactory Quality Beneficial Owner Principal
File Permissions Net Realizable Value Leverage

Term created / updated 2009-06-26 16:16:06

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