Selling Receivables to a Third Party at a Discount from Their

question 33

Multiple Choice

Selling receivables to a third party at a discount from their face value is referred to as:

• A) factoring
• B) receivables lending
• C) venture banking
• D) vendor financing
• E) mortgage lending

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Definitions:

Neurotransmitters

Chemical substances that transmit signals across the synaptic gap from one neuron to another in the nervous system.

Prostaglandins

A group of local regulators derived from fatty acids; synthesized by most cells of the body and produce a wide variety of effects; sometimes called local hormones.

Steroids

A class of lipids characterized by a carbon skeleton with four fused rings; they play roles in structure, as hormones, and more.

Target Cells

Specific cells affected by hormones or other agents due to the presence of receptors pertinent to the substance in question.