Chance that a borrower or trade debtor will not repay an obligation as promised. The discounting, or sale at a discount, of receivables on a nonrecourse, notification. basis. The purchaser of the accounts receivable, the factor, assumes full risk of collection and.
Disclosure and Barring Service. The Disclosure and Barring Service (DBS) helps employers in England, Wales and Northern Ireland make safer recruitment decisions and prevent unsuitable people from working with vulnerable groups, including children. The DBS decides whether it is appropriate for a person to be placed on or removed from a barred list.
UFO ET DISCLOSURE Disclosure is the name given to the announcement by various world governmental leaders that we are not alone in the universe and that, in fact, many races of galactic human beings are here around this planet and have been for some time.