Ban on assignment: Difference between revisions
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imported>Doug Williamson (Create the page. Source: GSCFF standard definitions.) |
imported>Doug Williamson (Classify page.) |
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*[[Assignment]] | *[[Assignment]] | ||
*[[Receivables finance]] | *[[Receivables finance]] | ||
[[Category:Financial_products_and_markets]] | |||
[[Category:Trade_finance]] | |||
Latest revision as of 13:11, 27 June 2022
A clause in a customer's terms of business with its supplier, prohibiting the assignment of the proceeds of the sale.
This prevents the supplier from using receivables finance techniques.
