Factor Return

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Definition: Factor Return

Factor Return
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Full Definition of Factor Return

Fees received by a factoring company for its services. A factor company purchases accounts receivables from another company and collects the receivables in its behalf. As payment for its services, the factor company retains a portion of the amount collected from the receivables.

Cite Term

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Page URL
https://payrollheaven.com/define/factor-return/
Modern Language Association (MLA):
Factor Return. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/factor-return/.
Chicago Manual of Style (CMS):
Factor Return. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/factor-return/ (accessed: April 19, 2024).
American Psychological Association (APA):
Factor Return. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/factor-return/

Definition Sources

Definitions for Factor Return are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.