Associations to the word «Factoring»

Wiktionary

FACTORING, noun. A financial transaction whereby a business sells its accounts receivable to a third party (called a factor) at a discount.
FACTORING, verb. Present participle of factor

Dictionary definition

FACTORING, noun. (mathematics) the resolution of an entity into factors such that when multiplied together they give the original entity.

Wise words

Words are but symbols for the relations of things to one another and to us; nowhere do they touch upon absolute truth.
Friedrich Nietzsche