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Factoring is a financial transaction and a type of debtor finance in which a business sells its accounts receivable (i.e., invoices) to a third party (called a factor) at a discount. [ 1][ 2][ 3] A business will sometimes factor its receivable assets to meet its present and immediate cash needs. [ 4][ 5] Forfaiting is a factoring arrangement ...
English-Filipino legal dictionary. Quezon City, Philippines: Sentro ng Wikang Filipino, University of the Philippines, 1995. Theo B. Rood. Glossarium: A compilation of Latin words and phrases generally used in law with English translations. Bryanston, South Africa: Proctrust Publications, 2003. Jan Scholtemeijer & Paul Hasse.
Prima facie. Prima facie ( / ˌpraɪmə ˈfeɪʃi, - ʃə, - ʃiiː /; from Latin prīmā faciē) is a Latin expression meaning "at first sight", [ 1] or "based on first impression". [ 2] The literal translation would be "at first face" or "at first appearance", from the feminine forms of primus ("first") and facies ("face"), both in the ...
Legal writers, as opposed to economic historians, incorrectly assume that the constitutional phrase "Bills of Credit" was simply a synonym for paper money, but it refers to only one, though a very important, type of paper currency. The Constitution explicitly prohibits the states from issuing bills of credit and coining money.
Join us at Antalya by the Thames, a free festival of summer, sun, and Turkish culture—with a real sand beach! Meet us at Potters Fields Park by Tower Bridge on 9th and 10th August to celebrate the premiere of The Wanderer “Warm Regards from Antalya,” an episode that invites travellers to adventure through one of Türkiye’s most beautiful coastal cities.
Precious metals in the form of coins whose market value is determined by metallic content rather than scarcity. bullion value The current market value of the raw precious metal content of a coin. For example, the bullion value for Canadian silver coins minted between 1920 and 1966 is 12 times the face value when silver is $20.00 per troy ounce.
The legend is inscribed with "KRUGERRAND" and the gold weight. The Krugerrand ( / ˈkruːɡərænd /; [ 1] Afrikaans: [ˈkry.ərˌrant]) is a South African coin, first minted on 3 July 1967 to help market South African gold and produced by Rand Refinery and the South African Mint. [ 2][ 3] The name is a compound of Paul Kruger, the former ...
Take the trip of a lifetime to Japan with All Nippon Airways (ANA), Japan’s largest airline. ANA is consistently awarded a 5-Star SKYTRAX rating, which means an exceptional trip always starts in the sky. ANA welcomes you aboard with “omotenashi” (Japanese hospitality) and the ultimate in comfort and convenience.