What is the definition of Factoring accounts receivable? | Dictionary.net

FACTORING ACCOUNTS RECEIVABLE

\fˈaktəɹɪŋ ɐkˈa͡ʊnts ɹɪsˈiːvəbə͡l], \fˈaktəɹɪŋ ɐkˈa‍ʊnts ɹɪsˈiːvəbə‍l], \f_ˈa_k_t_ə_ɹ_ɪ_ŋ ɐ_k_ˈaʊ_n_t_s ɹ_ɪ_s_ˈiː_v_ə_b_əl]\

Definitions of FACTORING ACCOUNTS RECEIVABLE

1910 - Black's Law Dictionary (2nd edition)

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A company that sells accounts receivable to get quick cash. It can gain cash to get through a crisis.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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