A/R Finance & Factoring Terms GLossary
What isCollateral
Collateral is a specific asset owned by a borrower that is leveraged against the repayment of a loan. In invoice factoring, it would be your contracts, invoices, and proceeds.
Audio Definition/Pronunciation
OTHER TERMS BEGINNING WITH "C"
- Carried Interest
- Cash Against Documents (CAD)
- Chargebacks (Retailer)
- Client
- Client Concentration
- Confession of Judgment (COJ)
- Consignment Sale
- Contra Account
- Contract Financing
- Credit Insurance
- Credit Memo
- Credit Terms
- Cross-Aged Accounts (10% rule)
- Current Assets
- Current Liabilities
- Current Portion of Long-Term Debt (CPLTD)
