/ˌʌndɪsˈkloʊzd ˈfæktərɪŋ/ – Phrase
Definition: việc ủy thác thương mại ngầm).
A more thorough explanation: Undisclosed factoring refers to a financial arrangement where a business sells its accounts receivable to a third party (factor) without informing its customers. This practice is typically done to improve cash flow and access immediate funds, but without disclosing the factoring arrangement to customers.
Example: In the case of undisclosed factoring, the seller assigns their accounts receivable to a third party without informing the buyer of the transaction.
