Advance against collection

A loan that is advanced to a seller and accepted by a buyer. When the payment is received, the bank will deduct the debt.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser

Next Terms: Advertising Sales Ration, Advice Note, Advisor, Advisor Fee, Affidavit of Domicile, Affinity Card, After Acquired Clause, After-Tax Cash Flow, Agency Endorsement, Agented Credit

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