Question
A type of finance in which a business would sell its
accounts receivable (invoices) to a third party, is called?Solution
Factoring is a type of finance in which a business would sell its accounts receivable (invoices) to a third party to meet its short-term liquidity needs. Under the transaction between both parties, the factor would pay the amount due on the invoices minus its commission or fees.
The terms ‘invoice discounting’ or ‘bills discounting’ or ‘purchase of bills’ are all same. Invoice discounting is a source of working capital finance for the seller of goods on credit. Bill discounting is an arrangement whereby the seller recovers an amount of sales bill from the financial intermediaries before it is due. Such intermediaries charge a fee for the service.
A word is given followed by its usage in options. Find the option in which there is an inappropriate usage of word.
ARCANE
...In the given question, a word has been given and there are three ways in which the word has been used, in similar or different forms. You need to see w...
- A word has been used in the sentences given below. Identify the statement(s) where the word has been used in a contextually and grammatically correct manne...
Select the most appropriate synonym of the given word.
Surreptitious
Inculcate
A. All of us will inculcate in the profits.
B. We have tried to inculcate a feeling of citizenship in youngsters.
...
Given below is a word followed by three sentences. You need to understand whether the sentences used the highlighted word correctly or not. Mark the in...
In the given question, a word has been given and there are three ways in which the word has been used, in similar or different forms. You need to see w...
- In the following question, a word has been given and used in three statements. You are supposed to identify which of the statements/s use/s the word correc...
In the given question, a word has been given and there are three ways in which the word has been used, in similar or different forms. You need to see w...
Tempestuous
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