Factoring vs. Forfeiting
Factoringnoun
A financial transaction whereby a business sells its accounts receivable to a third party (called a factor) at a discount.
Factoringnoun
(math) The process of factorization.
Factoringnoun
The act of resolving into factors.
Factoringnoun
(mathematics) the resolution of an integer or polynomial into factors such that when multiplied together they give the integer or polynomial
Forfeitingnoun
The act by which something is forfeited or surrendered; a giving up.
