Selling a firm's accounts receivables to a financial institution at a discount is called countertrading.

Name: Selling a firm's accounts receivables to a financial institution at a discount is called countertrading.
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Selling a firm's accounts receivables to a financial institution at a discount is actually called factoring, not countertrading. Countertrading involves the exchange of goods or services rather than money as payment for an international transaction.

Selling a Firm's Accounts Receivables to a Financial Institution at a Discount