n. A financial transaction whereby a business sells its accounts receivable to a third party (called a factor) at a discount.
v. Present participle of factor.
the GNU version of the Collaborative International Dictionary of English
n. The act of resolving into factors.
WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
n. (mathematics) the resolution of an entity into factors such that when multiplied together they give the original entity
Word Usage
"Sears representatives played down the decision by CIT Group Inc., the largest U.S. provider of what are known as factoring services for vendors, saying the payables the firm had financed amounted to only about 5% of the retailer's inventory."