[6] Factoring is commonly referred to as accounts receivable factoring, invoice factoring... Specialized factoring 9.1 Real estate 9.2 Medical factoring 9.3 Construction 9.4 Haulage 9.5...
e Accounts receivable, abbreviated as AR or A/R, [1] are legally enforceable claims for payment held by a business for goods supplied or services rendered that customers have ordered but...
What Is Accounts Receivable (AR)? Accounts receivable (AR) is an accounting term for money owed to a business for goods or services that it has delivered but not been paid for yet. Accounts...
Factor A financial institution that buys a firm's accounts receivable and collects the... The price of factoring is determined by the creditworthiness of the firm's customer, not of the...
Factoring Sale of a firm's accounts receivable to a financial institution known as a factor. Copyright © 2012, Campbell R. Harvey. All Rights Reserved. Accounts Receivable Financing The...
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: one who acts or transacts business for another: such as ; a : broker sense 1b ; b : one that lends money to producers and dealers (as on the security of accounts receivable)
fac·tor ; 1. One that actively contributes to an accomplishment, result, or process: "Surprise is the greatest factor in war" (Tom Clancy). See Synonyms at element. ; 3. Mathematics One of two or more quantities that divides a given quantity without a remainder. For example, 2 and 3 are factors of 6; a and b are factors of ab. ; 4. A quantity by which a stated quantity is multiplied or divided, so as to indicate an increase or decrease in a measurement: The rate increased by a factor of ten. ; 5. A gene. No longer in technical usage.
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