Examlex
Which school of thought in psychology evolved into an elaborate theory of personality that emphasized unconscious motives and conflicts?
Factoring
A financial transaction where a business sells its accounts receivable to a third party (the factor) at a discount, in order to receive immediate cash.
With Recourse
A term indicating that if the primary party defaults on an obligation, the lender or third party has the right to seek repayment from the signer of the instrument.
Factoring Without Recourse
A financial transaction where a business sells its invoices to a third party without the obligation of repurchase if the invoices go unpaid.
Bad Receivables
Amounts owed to a company that are unlikely to be paid by the debtor, often due to financial difficulty.
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