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

The chief virtue that language can have is clearness, and nothing detracts from it so much as the use of unfamiliar words.
Hippocrates