What is the meaning of factoring?

(1) a method commonly used to compute the amount of interest to be refunded or credited because a loan is being paid off before maturity; (2) the selling by a firm of its accounts receivable before their due date, usually at a discount.

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APABarry Goldsmith. (2010). factoring. Retrieved September 22, 2026, from http://smartdefine.org/factoring/definitions/1153576
ChicagoBarry Goldsmith. 2010. "factoring" http://smartdefine.org/factoring/definitions/1153576 (accessed September 22, 2026).
HarvardBarry Goldsmith 2010, factoring, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/factoring/definitions/1153576>.
MLABarry Goldsmith. "factoring" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/factoring/definitions/1153576>
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