Business, Legal & Accounting Glossary
Invoices that are outstanding and typically represent money that is owed to a company’s creditors. The creditor who is owed money can sell these invoices to a buyer for an amount that is less than their face value and helps the creditor in recouping at least some of the funds that are owed to them.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Accounts Receivable Discounted are sourced/syndicated and enhanced from:
This glossary post was last updated: 20th November, 2021 | 0 Views.