factoring


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fac·tor

 (făk′tər)
n.
1. One that actively contributes to an accomplishment, result, or process: "Surprise is the greatest factor in war" (Tom Clancy). See Synonyms at element.
2.
a. One who acts for someone else; an agent.
b. One who purchases accounts receivable at a discount.
3. Mathematics One of two or more quantities that divides a given quantity without a remainder. For example, 2 and 3 are factors of 6; a and b are factors of ab.
4. A quantity by which a stated quantity is multiplied or divided, so as to indicate an increase or decrease in a measurement: The rate increased by a factor of ten.
5. A gene. No longer in technical usage.
6. Physiology A substance that functions in a specific biochemical reaction or bodily process, such as blood coagulation.
v. fac·tored, fac·tor·ing, fac·tors
tr.v.
To determine or indicate explicitly the factors of: If you factor 70, you get 2, 5, and 7.
intr.v.
To engage in purchasing accounts receivable at a discount.
Phrasal Verb:
factor in
To figure in: factored vacations in when preparing the schedule.

[Middle English factour, perpetrator, agent, from Old French facteur, from Latin factor, maker, from facere, to make; see dhē- in Indo-European roots.]

fac′tor·a·ble adj.
fac′tor·ship′ n.

factoring

(ˈfæktərɪŋ)
n
1. (Commerce) the business of a factor
2. (Banking & Finance) the business of purchasing debts from clients at a discount and making a profit from their collection
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.factoring - (mathematics) the resolution of an entity into factors such that when multiplied together they give the original entity
resolving, resolution - analysis into clear-cut components
math, mathematics, maths - a science (or group of related sciences) dealing with the logic of quantity and shape and arrangement
Translations
References in periodicals archive ?
We aimed in this study an analysis of the factoring contract which, by the advantages it offers, has become a technique of short-term funding becoming more attractive to clients of banks, non banking financial institutions and of commercial companies that have as object of activity factoring operations.
Factoring is a financing method that is usually much more expensive than conventional bank financing.
CAIRO: The International Factoring Promotion Conference addressed Egyptian exporters' opportunity to benefit from the protection offered by factoring, or paying a third party to facilitate smooth trade.
BNA (Arlington, VA) has published "American Factoring Law," an 800-page hardcover book that is designed to provide a detailed analysis of the legal and business issues of factors and factoring transactions.
Factoring represents a complex financial product which combines crediting, assuming the risk of non-cashing debts, the services of searching and recovering of debts, as well as the accounting of the debts.
The factor extraction procedure was principal axis factoring. Factors were rotated using promax rotation, which provides the simplest solution for correlated factors (Gorsuch, 1983).
An alternative option that is already succeeding is the factoring of invoices and receivables.
A smaller effort focuses on factoring large numbers to test encryption methods that safeguard information transmitted on the Internet.
Factoring: the purchase of a firm's accounts receivable by another firm (the factor) for a discount fee, thereby relieving the seller of the trade credit risk and some of the collection work.
Export factoring is another alternative, and it's an especially cost-effective solution for companies with export sales to developed countries of more than $5 million annually.
factoring companies, which also describes factoring basics and includes a glossary of terms and a statistical overview of the factoring industry.
Factoring--what it is, how it bas evolved over 200 years, and where it is beaded The author presents a historical overview and unravels the "mystery" of factoring. Gain an insightful and thorough understanding of this service--factoring arrangements; current trends, future prospects, and factor compensation The CPA is an important player in the field of factoring.