The Economic Nature of Factoring and its Legal Manifestation in the Bulgarian Legislation and the Convention on International Factoring
The factoring is a sophisticated financial technique and management service designed to facilitate the use of trade credit. This article illustrates the basic factoring services and namely: financing, credit protection, accounting (ledgering) and collection of receivables. It is emphasized, that...
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Format: | Article |
Language: | English |
Published: |
Danubius University
2011-03-01
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Series: | Acta Universitatis Danubius: Juridica |
Subjects: | |
Online Access: | http://journals.univ-danubius.ro/index.php/juridica/article/view/839/750 |