Factoring

Rarity: Uncommon

A topic a little better known than average, read and translated beyond its own country.

Rarity follows how well known the article is: its views on the French and English Wikipedia over a year, and the number of languages it exists in.

At a glance

Class

Notion

Domain

Science and technology

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What Wikipedia says

Factoring is a financial transaction and a type of debtor finance in which a business sells its accounts receivable (i.e., invoices) to a third party (called a factor) at a discount. A business will sometimes factor its receivable assets to meet its immediate cash needs.

Excerpt from the Wikipedia article “Factoring (finance)”, under the CC BY-SA 4.0 license. Read the article on Wikipedia

Image: Manish.mpkumar, CC BY-SA 4.0, via Wikimedia Commons.