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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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“Was” is used for the indicative past tense of “to be,” and “were” is only used for the subjunctive past tense.

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Origin of factoring

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021

Example sentences from the Web for factoring

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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