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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Cash Flow Forecast Balboa Yankee
Testate Bullionism Excise Duty
Venture Capital Winding up In omnibus
Petty Cash Unissued stock Merchant Bank
Rights Issues Aftershocks Committal proceedings
Rufiyaa EDIFACT Win win
Free Circulation Share Capital Pleadings
In loco parentis Domicile of dependency Going Forward
CFR Internet and email usage policy BIOS
Beneficiary Directors Guarantee Letter Identity Verification
Business Angel Company Car Adjournment
Donor Principal Place of Business Registered Office
Exhibit Factum Federal Reserve

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

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