Title: Assignment of short term and long term claims as a method of financing in business practice: Factoring and forfeiting contracts
Abstract: One of the key problems of business practice is how to provide financial means. Among many possibilities (like credit for example) modern business practice find out the assignment of short term and long term claims as a very good source for providing the necessary financial means. The assignment of short term and long term claims represent the special 'technique or method' of financing in modern banking practice. This special method is realized by factoring and forfeiting contracts. In this article the author is analyzing special characteristics of factoring and forfeiting contracts.
Publication Year: 2010
Publication Date: 2010-01-01
Language: en
Type: article
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