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Factor |
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Factor
Factor A third party that buys a firm's accounts receivable. If a firm is not confident in its ability to collect on its credit sales, it may sell the right to receive payment to the factor at a discount. The factor then assumes the credit risk associated with the accounts receivable. This provides the firm immediate access to working capital, which is important, especially if the firm has a cash flow problem. The price of factoring is determined by the creditworthiness of the firm's customer, not of the firm itself. It is also known as accounts receivable financing. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Overall, the participants of the current study indicate they are better students because they are empowered by their school community to set their own goals, however, extrinsic factors seem to play a greater role in the amount of effort the participants put forth in accomplishing their goals. Many of these employers were in denial, thought that their fortunes would shift, or blamed things on not wholly blameless extrinsic factors, and so didn't come to grips with the issue in a timely manner. In the original conception of this study, motivators were dichotomized into intrinsic and extrinsic factors. |
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