Answer-In TReDS terminology, what is a 'Factoring Unit' (FU)?

Factoring Unit FU as a standard nomenclature used in TReDS for invoices or bills of exchange, representing a confirmed obligation of the buyers including corporates, Government Departments and PSUs.

Question

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

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

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