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Forfaiting |
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Forfaiting A form of factoring that involves selling large, medium to long-term receivables to buyers (forfaiters) who are willing and able to bear the costs and risks of credit and collections. Forfaiting In international trade, the selling of an exporter's receivables for a particular transaction. It is similar to factoring except in scope. While a company sells all of its accounts receivable in factoring, an exporter only sells one receivable for one, perhaps high risk, transaction. In forfaiting, the buyer is known as a forfaiter, and assumes all the risks associated with collecting the receivables. Generally, the exporter forfaits the receivable at a discount. This improves cash flow but reduces income. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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Je suis maintenant condamnee retracer d'abord vos fautes, puis vos forfaits, puis vos malheurs: des lueurs de vos vertus apparoitront encore; mais l'eclat meme qu'elles jetteront ne servira qu' mieux faire voir la profondeur de vos miseres. Ces donnees nous aideront a comprendre les besoins de nos membres et nous permettront de developper un forfait d'avantages plus profitable. [sic] et fair a entendre qen les cases suisnomez doit estre ajugge treson q sestent a nre Seignr le Roi & a sa roial majeste; & de tiele mane de treson la forfait e des eschetes apptient anre Seignr le Roi, si bien des tres& tenz tenuz des auts, come de lui meismes . |
Forfait |
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