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 ?
flavidus from the summer survey collections was related with extrinsic factors in a more complicated fashion than was apparent in the quarterly fishery samples ([F.
Intrinsic and extrinsic factors associated with night waking in 9-month-old infants.
Extrinsic factors, such as the availability of a shelter or a food resource, seem to influence aggressive fighting behavior in crayfish.
There is also evidence that both intrinsic and extrinsic factors are heavily influenced by the socio-demographic background of the worker (Glenn and Weaver, 1982; Gruenberg, 1980; Kalleberg, 1977; Kalleberg and Loscocco, 1983; Martin and Hanson, 1985; Martin and Shehan, 1989).
Agreement with the PVCT Statements by Intrinsic and Extrinsic Factors Percentage of Percentage of Certified Total Respondents Respondents (n=1,748) Who (n=1,383) Who Strongly Agree and Strongly Agree and PVCT[c] Value Agree with Value Agree with Value Statement Statement Statement Intrinsic Factors Enhances feeling of 98.
In this questionnaire, motivational factors were divided into four types by combining different intrinsic and extrinsic factors.
Variables involved in a fall include intrinsic and extrinsic factors.
Many intrinsic or extrinsic factors can influence tooth color.
The extrinsic factors include: contracture of the joint capsule and ligaments, edema, muscle weakness, extra particular osteophytes, and ectopic ossification.
Good extrinsic factors tend to minimize job dissatisfaction while the presence of positive intrinsic factors can motivate and result in superior performance.
Intrinsic factors are patient related while extrinsic factors are related to patient care and management, although the intrinsic factors cannot be changed, the risk they present in terms of infection is identifiable and manageable6.