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.
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Outstanding invoices representing money owed to a creditor which the firm/ creditor sells to a buyer for less than face value, typically to quickly raise capital and ...
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Business Definition for: accounts receivable discounted. Dictionary of Accounting Terms. accounts receivable discounted. obligation assigned or sold with ...
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Definition of accounts receivable discounted: Invoices that are outstanding and typically represent money that is owed to a company's creditors. The creditor who ...
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Obligation assigned or sold with recourse. See also assignment of accounts receivable ; factoring . Previous: Accounts R.
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