Debt factoring: Difference between revisions
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{{g}}The process of selling ones invoices to a collection agent at some discount. It is a way of monetising a future income stream, so is a distant relation — a sort of long-lost cousin from Australia — to David | {{g}}The process of selling ones invoices to a collection agent at some discount. It is a way of monetising a future income stream, so is a distant relation — a sort of long-lost cousin from Australia — to [[David Bowie]]’s idea, which [[Global financial crisis|almost wrecked the global economy]], let’s not forget, of securitising the future royalties for bunch of moody instrumentals he once recorded in Berlin. | ||
{{sa}} | {{sa}} | ||
*[[David Bowie]] | *[[David Bowie]] | ||
*[[ | *[[Globasl financial crisis]] | ||
Latest revision as of 10:47, 13 October 2020
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The process of selling ones invoices to a collection agent at some discount. It is a way of monetising a future income stream, so is a distant relation — a sort of long-lost cousin from Australia — to David Bowie’s idea, which almost wrecked the global economy, let’s not forget, of securitising the future royalties for bunch of moody instrumentals he once recorded in Berlin.