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.
What is 'Disclosure'. Disclosure is the act of releasing all relevant information pertaining to a company that may influence an investment decision. To be listed on major U.S. stock exchanges, companies must follow all of the Securities and Exchange Commission's (SEC) disclosure requirements and regulations.