Factor

A financial institution that buys a firm's accounts receivable and collects the accounts.

Factor

A third party that buys a firm's accounts receivable. If a firm is not confident in its ability to collect on its credit sales, it may sell the right to receive payment to the factor at a discount. The factor then assumes the credit risk associated with the accounts receivable. This provides the firm immediate access to working capital, which is important, especially if the firm has a cash flow problem. The price of factoring is determined by the creditworthiness of the firm's customer, not of the firm itself. It is also known as accounts receivable financing.

factor

A firm that purchases accounts receivable from another firm at a discount. The purchasing firm then attempts to collect the receivables.

factor

To sell accounts receivable to another party at a discount from face value. Thus, a firm in need of cash to pay down short-term debt may decide to factor its accounts receivable to another firm.

Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

factor

a firm that purchases TRADE DEBTS from client firms. See FACTORING.
a firm that buys in bulk and performs a WHOLESALING function.
an input (for example raw material, labour, capital) which is used to produce a good or provide a service.

factor

1a FACTOR INPUT that is used in production (see NATURAL RESOURCES, LABOUR, CAPITAL).
a business that buys in bulk and performs a WHOLESALING function.
a business that buys trade debts from client firms (at some agreed price below the nominal value of the debts) and then arranges to recover them for itself. See FACTOR MARKET, FACTORING.

Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005

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References in periodicals archive

ABCG1 is deficient in alveolar macrophages of GM-CSF knock-out mice and patients with pulmonary alveolar proteinosis.

Update in nonneoplastic lung diseases

NO, GM-CSF, and VEGF play crucial roles in regulating the function of circulating EPCs [23, 24].

Downregulated GTCPH I/BH4 Pathway and Decreased Function of Circulating Endothelial Progenitor Cells and Their Relationship with Endothelial Dysfunction in Overweight Postmenopausal Women

Since caloric restriction prevents chronic inflammation, the increased (P<0.05) serum levels of GM-CSF, IFN-gamma, and KC (HFD vs HFD-FR), represent an unexpected result.

Interleukin-12 as a biomarker of the beneficial effects of food restriction in mice receiving high fat diet or high carbohydrate diet

In line with our findings a study by Hill et al26 on patients with CAD indicated that, although GM-CSF mobilizes endothelial progenitor cells from bone marrow, however, it does not improve cardiac function significantly and conversely, it contributes to some serious adverse events in these patients.

EFFECTIVENESS OF GRANULOCYTE COLONY-STIMULATING FACTOR IN REDUCTION OF ATHEROSCLEROTIC LESIONS IN RABBIT

Scott Halstead said that the results suggested that the GM-CSF could be a potential therapeutic strategy for treating the flu.

This protein can up survival during flu

Several methods such as bone marrow culturing with either GM-CSF alone [11, 12] or in combination with IL-4 [6,18], by Flt3L [20, 21] or IL-3 [22], are used for generation of murine BMDCs.

Optimization of Ex Vivo Murine Bone Marrow Derived Immature Dendritic Cells: A Comparative Analysis of Flask Culture Method and Mouse CD11c Positive Selection Kit Method

We applied a flow cytometry-based method utilizing magnetic microspheres conjugated with monoclonal antibodies (Luminex xMAP[R] Technology) to measure the concentrations of eotaxin, GM-CSF, IFNy, IL4, IL5, IL8, IL12(p70), IL13, RANTES, and TNF[alpha].

Diagnostic Potential of Systemic Eosinophil-Associated Cytokines and Growth Factors in IBD

Due to GM-CSF and M-CSF being well-known colony-stimulating factors involved in monocyte proliferation and differentiation, levels of mRNA and proteins of GM-CSF as well as of M-CSF were assessed by real-time PCR and ELISA tests.

Advanced Glycation End Products Enhance Murine Monocyte Proliferation in Bone Marrow and Prime Them into an Inflammatory Phenotype through MAPK Signaling

Autoimmune PAP, which makes up 90% of reported PAP cases [3], is caused by the production of autoantibodies against GM-CSF, a crucial cytokine in the maturation of monocytes into macrophages [7].

Pulmonary Alveolar Proteinosis in Setting of Inhaled Toxin Exposure and Chronic Substance Abuse

Concentrations of eight proinflammatory cytokines, IL-2, 4, 6, 8,10, GM-CSF, IFN-[gamma], and TNF-[alpha] were measured using the Bio-Plex Pro Assays 8-Plex assay kit (Bio-Rad, Cat#M50-0007A) and Bio-Plex Multiplex immunoassay system (Biorad Bio-Plex 200) according to the manufacturer's instruction.

Association of Elevated Serum GM-CSF, IFN-[gamma], IL-4, and TNF-[alpha] Concentration with Tobacco Smoke Induced Chronic Obstructive Pulmonary Disease in a South Indian Population

Measurement of Levels of NO, VEGF, GM-CSF, TNF-[alpha], and IL-6 in Plasma.

Decreased Count and Dysfunction of Circulating EPCs in Postmenopausal Hypercholesterolemic Females via Reducing NO Production