factoring: Meaning and Definition of


Pronunciation: (fak'tur-ing), [key]
— n.
  1. the business of purchasing and collecting accounts receivable or of advancing cash on the basis of accounts receivable.
  2. the act or process of separating an equation, formula, cryptogram, etc., into its component parts.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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