cost of selling debts to third party the cost of selling accounts receivable to an agent for a commission
late fees or other charges. The bank also had to reverse four months of accrued interest at the time the note was placed on nonaccrual.
By Gary Deutsch
Every financial institution with a portfolio exposed to market risk should have a model in place which is designed to measure that risk. Such a model allows one to control and to limit the market risk taken by each desk or by the traders and to charge each portfolio position a cost of capital
By Marius Bochniak
Accounts receivable financing is used by companies facing short-term cash flow problems, and it can take many forms. The major source of accounts receivable financing is commercial finance companies and factoring companies, as well as banks that will consider receivables as security or collateral
conditions. The extent to which this adjusted, i.e. modified, fair value is charged to the profit and loss account is determined according to the extent to which other conditions, known as vesting conditions that are not market conditions, apply and are satisfied. No charge is made on a cumulative basis over
By Shân Kennedy
Definitions of ’factoring charges’ and meaning of ’factoring charges’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’factoring charges’ and other financial terms with our online QFINANCE Financial Dictionary.