invoice discounting

invoice discounting
/'ɪnvɔɪs ˌdɪskaυntɪŋ/ noun
a method of obtaining early payment of invoices by selling them at a discount to a company which will receive payment of the invoices when they are paid. (The debtor is not informed of this arrangement, as opposed to factoring, where the debtor is informed.)

Dictionary of banking and finance. 2015.

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  • invoice discounting — ➔ discounting * * * invoice discounting UK US noun [U] FINANCE ► DISCOUNTING(Cf. ↑discounting) …   Financial and business terms

  • invoice discounting — An arrangement whereby a creditor sells his debts to a discounter for an immediate sum. The creditor however remains responsible for collection and then remits the proceeds to the discounter. Easyform Glossary of Law Terms. UK law terms. invoice… …   Law dictionary

  • invoice discounting — A form of debt discounting in which a business sells its invoices to a factoring house at a discount for immediate cash. The service does not usually include sales accounting and debt collecting …   Accounting dictionary

  • invoice discounting — A form of debt discounting in which a business sells its invoices to a factoring house at a discount for immediate cash. The service does not usually include sales accounting and debt collecting …   Big dictionary of business and management

  • Discounting — Calculating the present value of a future amount. The process is opposite to compounding. The New York Times Financial Glossary * * * discounting dis‧count‧ing [ˈdɪsˌkaʊntɪŋ] noun [uncountable] FINANCE 1. also invoice discounting …   Financial and business terms

  • discounting — Calculating the present value of a future amount. Discounting is opposite to compounding. Bloomberg Financial Dictionary * * * discounting dis‧count‧ing [ˈdɪsˌkaʊntɪŋ] noun [uncountable] FINANCE 1. also …   Financial and business terms

  • Factoring (finance) — This article is about finance. For other uses, see Factor (disambiguation). Corporate finance …   Wikipedia

  • factoring — fac·tor·ing n: the purchasing of accounts receivable from a business by a factor who assumes the risk of loss in return for some agreed discount Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. factoring …   Law dictionary

  • Debtor finance — is a generic description of a funding process, based on the value of a business accounts receivable ledger. Debtor finance is also marketed as invoice discounting, factoring, cashflow finance, asset finance, invoice finance and working capital… …   Wikipedia

  • First Trust Bank — For other banks with a similar name, see First Bank. First Trust Type Subsidiary of AIB Founded Belfast, Northern Ireland (1991) …   Wikipedia

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