factor

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Related to extrinsic factor: Extrinsic pathway

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 ?
Some unique extrinsic factors, as well as shared factors, were associated with each data matrix.
Intrinsic factors, such as size and recognition, and extrinsic factors, such as environmental surroundings, are important in determining intraspecific agonisfic outcomes.
But - as the authors acknowledge - intrinsic rewards still play the pivotal role; a teacher who loves seeing students grow and develop will likely be more satisfied than a teacher who doesn't feel that kind of love, regardless of extrinsic factors.
By identifying the role of intrinsic and extrinsic factors in affecting balance, interventions may be implemented to optimize performance and joint stability.
(2012).The impact of intrinsic and extrinsic factors on the job satisfaction of dentists.
Color change of resin composites is both associated with intrinsic factors related with resin's itself and extrinsic factors which can occur during clinical use (1,9-11).
Intrinsic factors were more influential than extrinsic factors. In addition, the MOT students perceived that social and virtual contexts promoted more creative thought than physical context.
In this questionnaire, different intrinsic and extrinsic factors were categorised into four types, i.e.
Falls related to environment (e.g., slipped on wet surface, slipped off bed/chair, tripped on cords/tubes, other extrinsic factors causing loss of balance) accounted for 19% of all falls (n=51).
those related to intrinsic factors such as congenital or systemic influence and inherited conditions, and those caused by extrinsic factors. Tooth development defects, pulp disease and improper endodontic treatment can also cause internal or endogenous tooth discolorations.
Providing the theoretical base of extrinsic job satisfaction factors for this study, Herzberg's theory, often called the two factor theory, addresses both intrinsic and extrinsic factors. Job satisfaction and dissatisfaction were the products of two distinct, separate factors: satisfiers/motivators and dissatisfiers/hygienes.