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

Language is a process of free creation; its laws and principles are fixed, but the manner in which the principles of generation are used is free and infinitely varied. Even the interpretation and use of words involves a process of free creation.
Noam Chomsky