Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
1,507,448,878 visitors served.
forum mailing list For webmasters
?
New: Language forums
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

factor
(redirected from factored)

    Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia, Hutchinson 0.04 sec.
Factor
A financial institution that buys a firm's accounts receivable and collects the accounts.
factor
A firm that purchases accounts receivable from another firm at a discount. The purchasing firm then attempts to collect the receivables.
factor
To sell accounts receivable to another party at a discount from face value. Thus, a firm in need of cash to pay down short-term debt may decide to factor its accounts receivable to another firm.


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.
?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? Mentioned in ? References in periodicals archive
 
6 billion in receivables were factored in 1995 ($40 billion by banks), says Bruce Jones, deputy executive director of the Commercial Finance Association in New York City.
Need money fast? Convert accounts receivable to cash to finance your ... by Huggins, Sheryl E. / Black Enterprise
This sets a record for the largest number yet factored by the general version of the technique.
Major-league sieving for faster factoring by Peterson, Ivars / Science News
If I weren't factored, I would have to have a whole staff to do that.
Factors keep factories rolling in garment industry by Howard, Bob / Los Angeles Business Journal
More results
 
Financial browser? ? Full browser
 
 
Financial Dictionary
?

Disclaimer | Privacy policy | Feedback | Copyright © 2009 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.