/ˈfæktəˌraɪzɪŋ/ – verb
Definition: tịch biên tài sản của con nợ ở trong tay người thứ ba hay số tiền mà người thứ ba phải trả cho con nợ.
A more thorough explanation: Factoring is a financial transaction in which a business sells its accounts receivable (invoices) to a third party (called a factor) at a discount. The factor then collects payment from the business’s customers. This allows the business to receive immediate cash flow rather than waiting for the customers to pay their invoices.
Example: The company is considering factorizing its accounts receivable to improve cash flow.