factor

(redirected from sun protection factor)
Also found in: Dictionary, Thesaurus, Medical, Legal, Acronyms, Encyclopedia, Wikipedia.

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.

factor

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

factor

  1. 1a FACTOR INPUT that is used in production (see NATURAL RESOURCES, LABOUR, CAPITAL).
  2. a business that buys in bulk and performs a WHOLESALING function.
  3. 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.
References in periodicals archive ?
Simply adding this raw material significantly increases the sun protection factor.
Take-home point 5: The in vivo sun protection factor (SPF) of the sample of products tested on healthy human volunteers is reliable, but they must be re-applied regularly as recommended .
Use a sunscreen with a sun protection factor (SPF) of 15 or higher that provides broad-spectrum protection from both ultraviolet A (UVA) and ultraviolet B (UVB) rays.
A sunscreen with a sun protection factor of 15 will be closer to SPF 3 unless it's applied liberally, Ashley said.
And while you're doing those things, also put on a broad-spectrum sunscreen, with a Sun Protection Factor (SPF) of at least 15, to absorb both UVA and UVB rays.
Veterinary company Bimeda, which is based in Anglesey, North Wales, said yesterday that the product has a sun protection factor of 23 and has been tested successfully on human skin.
Sun-sensitive patients should frequently apply a sunscreen with a Sun Protection Factor (SPF) of at least 15, avoid unprotected exposure between 10 a.
Wear sunglasses approved to British Standard (BS) 2724:1987 and make sure you use a sunscreen with a Sun Protection Factor of at least 15.
However, many cases of skin cancer can be prevented simply by wearing proper attire when going out--a hat, sunglasses, and a liberal application of sunscreen with a minimum sun protection factor of 15, says Dr.
Remember, exposed areas of skin still need to be protected with clothing and a sunscreen that has a sun protection factor of 15 or higher.
Slather on lots of sunscreen or sunblock with a sun protection factor (SPF) of 15 or higher (see "Sunscreen screen test," left).
SPF is the only thing I need to look out for when buying sunscreen A sun protection factor (SPF) of at least 15 will protect you against UVB rays, which are responsible for most sunburns, but there are also UVA rays, which penetrate deeper into the skin, causing ageing.