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factoring |
Also found in: Dictionary/thesaurus, Medical, Legal, Financial, Encyclopedia, Wikipedia | 0.06 sec. |
factoringLending money to a company on the security of money owed to that company; this is often done on the basis of collecting those debts. The lender is known as the factor. Factoring may also describe acting as a commission agent for the sale of goods. |
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| An alternative option that is already succeeding is the factoring of invoices and receivables. But its lawyers are seeking class action status and those involved in the factoring industry are paying close attention. Factoring a large number to determine its prime-number components typically takes a long time -- so much time on even the fastest available computers that an important method of encrypting digital information can count on the difficulty of factoring for maintaining security However, factoring techniques have improved sufficiently in recent years to bring numbers of more than 100 digits easily within range. |
factoring
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