Export factoring

From ACT Wiki
Revision as of 15:18, 9 February 2015 by imported>Doug Williamson (Create the page. Source: ACT syllabus.)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

The sale or transfer to a third party (factor) of legal title to accounts receivable from overseas buyers). See also ‘factoring’ below. In export factoring, the buyer is based in a different country from the seller.

Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=Export_factoring&oldid=19259’