receivable financing

1
Receivable Financing Pledge No Sub-class No Gain or Loss Assignment Notification No Gain or Loss Non-notification No Gain or Loss Factoring Casual Gain or Loss = SP - BV Gain or Loss may be recognized Discounting With Recourse (If silent) Gain or Loss is recognized Without Recourse Conditional Sale* Gain or Loss is recognized Secured Borrowing* No G/L. Liability is established=face amount of NR discounted

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Receivable Financing

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Receivable Financing

Pledge

Assignment

Factoring

Discounting

With Recourse (If silent)

Notification

Non-notification

Casual

Gain or Loss may be recognized

Gain or Loss = SP - BV

No Gain or Loss

No Gain or Loss

No Gain or Loss

No Sub-class

Without Recourse

Gain or Loss is recognized

Conditional Sale*

Secured Borrowing*

Gain or Loss is recognized

No G/L. Liability is established=face amount of NR discounted