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factor
(redirected from factor IX)

   Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia 0.13 sec.
Factor
1. A financial intermediary that purchases receivables from companies.

2. In terms of mortgages, the ratio of principal outstanding to the original balance.

Notes:
1. The sale of accounts receivables is called factoring.


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

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.

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? Mentioned in ? References in periodicals archive
 
Although his coagulation values had been normal prior to surgery, detailed laboratory tests revealed that he had a mild factor IX deficiency (activity: 41%).
From the origins of its business in 1949, BTG has commercialized major innovations such as Magnetic Resonance Imaging (MRI), recombinant factor IX blood-clotting protein, Campath(R) (alemtuzumab) and Multi Level Cell (MLC) memory.
The implanted genes have so far functioned correctly, directing the production of factor IX for at least 5 months--a long time in the typical 2-year life span of a mouse.
 
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