Purchase Order Financing
[pur-chuh s] [awr-der] [fi-nan-sing]
The assignment of purchase orders by a business to a third party who accepts responsibility for billing and collecting from buyers of the company’s products and services. It is a form of expensive financing used to purchase materials required to produce products needed to fulfill a purchase order already received from a buyer.
YOU MAY ALSO LIKE
Kuwait Invasion Negotiation Perspective
A case study that shows how important it is to decide whether to accept concessions, judged from the vantage point of a framework.
read more
How Important Is Building Trust in Negotiating Agreements?
Nowadays, it is difficult to make a deal if there is no trust in negotiations. Even if a negotiator manages to make such a deal, it will be very challenging to implement it. Building trust
read more
Negotiation Place: Does Turf Matter?
Gain insight on how the home turf environment can offer both advantages and disadvantages at the negotiating table.
read more