T/CATIS 001-2020 Active Group standards

T/CATIS 001-2020 Commercial Factoring Terms

T/CATIS 001-2020

Publish Date: 2020-10-15 Implement Date: 2021-01-01 For services related to genuine standard inquiry, procurement, translation, and other related services in China, please Contact Us

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Basic Information

Standard Code: T/CATIS 001-2020

Standard Type: Group standards

Standard Status: Active

is_force_gb: no

CCS Name: \nBasic standards

ICS Name: Integration, terminology, standardization, and literature (vocabulary)

Publish Date: 2020-10-15

Implement Date: 2021-01-01

Scope

Scope: This standard defines the basic terms commonly used in commercial factoring business, the terms of commercial factoring business, the terms of commercial factoring contracts, the financial terms of commercial factoring, the risk control terms of commercial factoring, the terms of commercial factoring market and intermediaries, and the supervision and management terms of commercial factoring, as well as their definitions. This standard applies to the development and management of commercial factoring business activities. Where the parties to a commercial factoring contract, a commercial factoring intermediary contract, or other contracts related to commercial factoring business agree to adopt this standard, the terms and definitions of this standard shall apply to such contracts, except for those terms and definitions specifically excluded by the parties. Main technical content: This standard arranges the terms in a systematic manner, dividing commercial factoring terms into seven categories: basic terms of commercial factoring, terms of commercial factoring business, terms of commercial factoring contracts, financial terms of commercial factoring, risk control terms of commercial factoring, terms of commercial factoring market and intermediaries, and supervision and management terms of commercial factoring. Each category is further divided into several sub-categories. Each term entry in this standard includes a term number, a Chinese name of the term, its English equivalent, and a Chinese definition. Some terms also include synonyms and annotations. At the same time, this standard establishes a Chinese Pinyin index and an English equivalent index for the terms.