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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Prime costs Routing Employees
CHAPS Tied loan WIP
Pataca Gross value added - GVA Equal opportunities policy
Prima facie European Sales Lists Real Time
In camera Warrant of distress Rufiyaa
Automatic trade Valuation reserve N235 Civil Court form
Political Risk Contempt of Court N379 Civil Court form
Tenant At Will Warrant of arrest Federal Reserve
Enterprise Acquiree Project brief
Quantum Kelvin Overseas company
Registry Trust Limited Vide Take ownership

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

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