factor

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Related to lethal factor: Bacillus anthracis toxin

Factor

A financial institution that buys a firm's accounts receivable and collects the accounts.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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

  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.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

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.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
Friedlander, "Production and characterization of monoclonal antibodies against the lethal factor component of Bacillus anthracis lethal toxin," Infection and Immunity, vol.
The clinical diagnosis was supported by seroconversion to protective antigen and the presence of antibodies against lethal factor. In cutaneous anthrax, antibodies to protective antigen develop in 68%-92% of cases (6,7).
Nucleotide sequence and analysis of the lethal factor gene (lef) from Bacillus anthracis.
Anthrax depends on two toxins (lethal factor and edema factor) for virulence.
These proteins are known as edema factor (EF), lethal factor (LF), and protective antigen (PA).
The anthrax vaccine contains the protective antigen and small amounts of the lethal factor and edema factor toxins.
Lethal factors restrict the range of the environment in which the organisms can exist and beyond this range, metabolism is destroyed.