Associations to the word «Factoring»

Wiktionary

FACTORING, noun. A financial transaction whereby a business sells its accounts receivable to a third party (called a factor) at a discount.
FACTORING, verb. Present participle of factor

Dictionary definition

FACTORING, noun. (mathematics) the resolution of an entity into factors such that when multiplied together they give the original entity.

Wise words

A designer knows he has achieved perfection not when there is nothing left to add, but when there is nothing left to take away.
Antoine de Saint-Exupery