Factoring and Microeconomics: Difference between pages

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imported>Brianlenoach@hotmail.co.uk
(Repair See also.)
 
imported>John Grout
(To expand a little)
 
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The sale or transfer of legal title to accounts receivable to a third party (factor), either with or without recourse. Often a convenient but relatively expensive form of finance for weaker corporate credits.
Economic theory which studies the behaviour  of and particularly the resource allocation by an individual or individual firm.
 
A financing technique whereby a company sells its invoices, at a discount, to a factor. The factor then becomes responsible for collecting the debt.
 
Arrangements can be with or without recourse. Recourse factoring allows the factor to recover any losses caused by bad debts from the borrower.


Sometimes rendered micro-economics.


== See also ==
== See also ==
* [[Economics]]
* [[Macroeconomics]]
* [[Mesoeconomics]]
* [[Metaeconomics]]


* [[Factors]]
[[Category:Financial_management]]
* [[Internal factoring]]
[[Category:The_business_context]]
* [[Invoice discounting]]
* [[Recourse]]
* [[Securitisation]]

Revision as of 15:44, 1 April 2015

Economic theory which studies the behaviour of and particularly the resource allocation by an individual or individual firm.

Sometimes rendered micro-economics.

See also