factor
noun
  1. something which is important, or which is taken into account when making a decision

    Examples
    • The drop in sales is an important factor in the company's lower profits.

    • Motivation was an important factor in drawing up the new pay scheme.

  2. a number used in multiplication to produce another number

    Usage
    by a factor of ten
    ten times
  3. a person or company which is responsible for collecting debts for companies, by buying debts at a discount on their face value

  4. a person who sells for a business or another person and earns a commission

verb

to buy debts from a company at a discount

"...factors 'buy' invoices from a company, which then gets an immediate cash advance representing most of their value. The balance is paid when the debt is met. The Client company is charged a fee as well as interest on the Cash advanced" [Times]

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