Examlex
A factor engages in accounts receivable financing for business by taking accounts receivable as collateral for making short-term loans.
Producer Surplus
The difference between what producers are willing to accept for a good versus what they actually receive, reflecting gains above production costs.
Sellers' Costs
The expenses incurred by sellers in producing or procuring goods for sale, including materials, labor, and overhead costs.
Supply Curve
A graphical representation showing the relationship between the price of a good and the quantity of that good that sellers are willing to supply.
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