Disclosed Transaction
From Open Risk Manual
Revision as of 14:34, 13 February 2020 by Wiki admin (talk | contribs)
Definition
Disclosed Transaction. It is when a finance provider undertakes a transaction such as a receivables purchase which may or may not be advised to or disclosed to the underlying debtor.
Undisclosed might be described as confidential or non-notification as in confidential or non notification factoring.