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Also available:
World English Dictionary
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factoring
fac·tor·ing
[
fáktəring
]
noun
Definition:
buying of debts:
the business of buying debts at a discount so as to make a profit from collecting them
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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