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Meaning of Factoring | Babel Free

Noun CEFR B2

Definitions

  1. A financial transaction whereby a business sells its accounts receivable to a third party (called a factor) at a discount.
  2. The process of rewriting an expression as the product of its factor.

Equivalents

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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See also

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