debt factoring Meaning in the Cambridge English Dictionary
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Meaning of “debt factoring” in the English Dictionary

"debt factoring" in Business English

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debt factoringnoun [U]

uk   us  
FINANCE a ​financialarrangement in which a factoringcompanytakesresponsibility for ​collectingmoneyrelating to a business's ​invoices, and immediately ​pays that ​businesspart of the ​totalamountowed on the ​invoices: Debt ​factoring is a powerful ​tool that ​businesses can use to ​improvecashflow.
(Definition of debt factoring from the Cambridge Business English Dictionary © Cambridge University Press)
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