Selling receivables to a third party at a discount from their face value is referred to as:
A) factoring
B) receivables lending
C) venture banking
D) vendor financing
E) mortgage lending

Name: Selling receivables to a third party at a discount from their face value is referred to as: A) factoring B) receivables lending C) venture banking D) vendor financing E) mortgage lending
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Question

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Factoring is the process of selling receivables to a third party at a discount from their face value.

Selling Receivables to a Third Party at a Discount from Their