factoring
B2CEFR level
72/100Rarity: rare
TechnicalRegister
Law noun
The sale of a business's trade receivables to a third party at a discount in exchange for immediate cash.
The company improved its cash flow by factoring its invoices to a specialist finance house.
Business noun
The sale of a company's trade receivables to a third party at a discount in exchange for immediate cash.
To ease its cash flow the exporter turned to factoring, selling its invoices at a small discount.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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