Examlex
Discuss the changes over time in how Texans get their news.Compare the ways in which Texans get their information today with past patterns.
Factored Accounts Receivable
The process of selling accounts receivable to a third party at a discount to quickly generate cash and reduce risk of non-payment.
Commission
A fee paid for services, usually a percentage of the total cost, to an agent or employee for facilitating or completing a sale.
Factoring Transaction
A financial transaction where a business sells its accounts receivable to a third party (the factor) at a discount.
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