Jurisdiction(s):
United Kingdom

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Key definition

Purchase price definition

What does Purchase price mean? The price paid by a receivables purchaser to the client for the transfer (assignment/assignation) of a receivable. In receivables finance (factoring, invoice discounting and securitisation), the purchase price is commonly structured as: (i) an initial advance (a percentage of the invoice face value, the advance rate); and (ii) a deferred balance payable as and when debtor receipts are collected, calculated net of the purchaser’s discount, fees and agreed adjustments (for example credit notes, dilutions, set-off, disputes, or recourse/chargeback). Many facilities therefore determine the final purchase price retrospectively by reference to actual collections towards discharge of the receivable, less accrued discount...

SDLT on discounted price: original or discount; transfer wording?

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Stamp Duty Land Tax (SDLT)

Stamp duty land tax (SDLT) applies to the chargeable consideration given for a land transaction. A land transaction arises where a chargeable interest is acquired. For SDLT purposes, chargeable consideration has a specific meaning and is set out in section 50 of the Finance Act 2003 (FA 2003) and in FA 2003, Sch 4. It covers not just cash or money’s worth, but also other forms by which value is provided, whether directly or indirectly, to the land’s transferor...

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Web page updated on 27/05/2026

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