Accounts Receivable Discounted financial definition of Accounts Receivable Discounted

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Accounts Receivable Discounted

Accounts Receivable Discounted

The sale of a company's accounts receivable in which the buyer has recourse and may demand payment from a third party in the event of default. See also: Factoring.

Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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