convention-cadre d'affacturage - What is the English translation? English translators help legal English translators with the translation of convention-cadre d'affacturage

Conges terminology question

166 months ago

Kate (a guest user) asked this question:

Language pair:	French > English
Subject:	Law / Certificates
Level of diffculty:	Easy / medium
Word or term in question:	convention-cadre d'affacturage
Context:	l'obtention de l'approbation du MAMROT
Keywords:	... relativement aux cautionnements de la Ville garantissant les obligations de la Société envers la Banque en vertu de l'offre de financement de la Banque datée du ____ et acceptée par la Société le ____ et en vertu de la convention-cadre d'affacturage // I don't think it's master factoring agreement... thx again

The answer of was rated best

Receivables Purchasing (Factoring) Master Agreement

My comment:

affacturage is factoring, it can be nothing else....

It can be said several ways....Just: factoring or receivable purchasing (factoring) agreement

Factoring of Receivables Audit Techniques Guide
www.irs.gov/businesses/article/0,,id=159770,00.htmlJan 24, 2012 – A factor is a specialized financial intermediary who purchases accounts receivable at a discount. Under a factoring agreement a company sells ...

You can say it several ways but the important term is Factoring, which is the purchase of receivables at a discount, so you (the purchaser) can then go and hit up the debtors for the debt.