Question

In TReDS terminology, what is a "Factoring Unit" (F

  • U ?
A A physical warehouse unit used for storing insured stock.
B The internal credit monitoring department of a commercial bank.
C A standard nomenclature for an invoice or bill of exchange representing a confirmed obligation of the buyer.
D A specialized NBFC unit that sets the margin policy for drawing power.
E A special purpose vehicle created by the RBI to absorb defaulted MSME debts.
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