See Also: Factoring Commission(money)
Factoring(finance)
factoring(medicine)
factoring(encyclopedia)
Factoring(money)
Maturity Factoring(money)
Advance Factoring(money)
Old-line factoring(money)
Retail Factoring(money)
Wholesale Factoring(money)

Factoring Commission (money)


Definition: Administrative charge which a factor makes for checking and assuming the credit risk on the factored accounts. Factoring commission is not interest, since it is not a charge for the use of money.