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factoring

[ fak-ter-ing ]
/ ˈfæk tər ɪŋ /
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noun
Commerce. the business of purchasing and collecting accounts receivable or of advancing cash on the basis of accounts receivable.
the act or process of separating an equation, formula, cryptogram, etc., into its component parts.
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Origin of factoring

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2022

How to use factoring in a sentence

British Dictionary definitions for factoring

factoring
/ (ˈfæktərɪŋ) /

noun
the business of a factor
the business of purchasing debts from clients at a discount and making a profit from their collection
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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