Definition for : Aging, Ageing, aging balance, ageing balance

"Aging" (also called "aging balance") is a report generated at regular intervals by a company and describing the breakdown of certain financial and/or Trade receivables by debtor and due date. This is particularly used in the context of a securitization, valuation during a change of control or for Working capital management to detect any adverse evolution in the performance of the securitised portfolio.
(See Chapter 48 Managing working capital of the Vernimmen) )
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