A/R Finance & Factoring Terms GLossary
What isTrue Sale
A “True Sale” means that the Big Box Retailer is purchasing the product from you and is obligated to pay you whether they sell it or not; the risk of sale is transferred to Mr.Retailer as soon as they accept delivery. Typically, factoring companies will only fund invoices that are a True Sale versus a Consignment or Guaranteed Sale.
Audio Definition/Pronunciation
OTHER TERMS BEGINNING WITH "T"
