Invoice discounting: Difference between revisions
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imported>Martin ODonovan (minor refinement) |
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A form of short term finance secured against trade accounts receivable. | A form of short term finance secured against trade accounts receivable. | ||
Under invoice discounting, the customer which owes the trade debt | Under invoice discounting, the customer which owes the trade debt need not be informed about the related finance arrangement. In this respect it differs from factoring, under which the customer is made aware of the factoring arrangement. | ||
== See also == | == See also == | ||
* [[Accounts receivable]] | * [[Accounts receivable]] | ||
* [[Factoring]] | * [[Factoring]] | ||
Revision as of 14:37, 12 July 2013
A form of short term finance secured against trade accounts receivable.
Under invoice discounting, the customer which owes the trade debt need not be informed about the related finance arrangement. In this respect it differs from factoring, under which the customer is made aware of the factoring arrangement.
