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7 definitions found
 for factor
From The Collaborative International Dictionary of English v.0.48 :

  Factor \Fac"tor\, v. t. [imp. & p. p. Factored (-t[e^]rd); p.
     pr. & vb. n. Factoring.] (Mach.)
     To resolve (a quantity) into its factors.
     [1913 Webster]

From The Collaborative International Dictionary of English v.0.48 :

  Factor \Fac"tor\, n. [L. factor a doer: cf. F. facteur a factor.
     See Fact.]
     1. (Law) One who transacts business for another; an agent; a
        substitute; especially, a mercantile agent who buys and
        sells goods and transacts business for others in
        commission; a commission merchant or consignee. He may be
        a home factor or a foreign factor. He may buy and sell in
        his own name, and he is intrusted with the possession and
        control of the goods; and in these respects he differs
        from a broker. --Story. --Wharton.
        [1913 Webster]
              My factor sends me word, a merchant's fled
              That owes me for a hundred tun of wine. --Marlowe.
        [1913 Webster]
     2. A steward or bailiff of an estate. [Scot.] --Sir W. Scott.
        [1913 Webster]
     3. (Math.) One of the elements or quantities which, when
        multiplied together, form a product.
        [1913 Webster]
     4. One of the elements, circumstances, or influences which
        contribute to produce a result; a constituent; a
        contributory cause.
        [1913 Webster +PJC]
              The materal and dynamical factors of nutrition. --H.
        [1913 Webster]

From WordNet (r) 3.0 (2006) :

      n 1: anything that contributes causally to a result; "a number
           of factors determined the outcome"
      2: an abstract part of something; "jealousy was a component of
         his character"; "two constituents of a musical composition
         are melody and harmony"; "the grammatical elements of a
         sentence"; "a key factor in her success"; "humor: an
         effective ingredient of a speech" [syn: component,
         constituent, element, factor, ingredient]
      3: one of two or more integers that can be exactly divided into
         another integer; "what are the 4 factors of 6?" [syn:
         divisor, factor]
      4: a businessman who buys or sells for another in exchange for a
         commission [syn: agent, factor, broker]
      5: any of the numbers (or symbols) that form a product when
         multiplied together
      6: an independent variable in statistics
      7: (genetics) a segment of DNA that is involved in producing a
         polypeptide chain; it can include regions preceding and
         following the coding DNA as well as introns between the
         exons; it is considered a unit of heredity; "genes were
         formerly called factors" [syn: gene, cistron, factor]
      v 1: resolve into factors; "a quantum computer can factor the
           number 15" [syn: factor, factor in, factor out]
      2: be a contributing factor; "make things factor into a
         company's profitability"
      3: consider as relevant when making a decision; "You must factor
         in the recent developments" [syn: factor, factor in,
         factor out]

From Moby Thesaurus II by Grady Ward, 1.0 :

  187 Moby Thesaurus words for "factor":
     Altmann theory, DNA, De Vries theory, Federal, Galtonian theory,
     MC, Mendelianism, Mendelism, RNA, Verworn theory, Weismann theory,
     Weismannism, Wiesner theory, adjunct, adjutant, agency, agent, aid,
     allele, allelomorph, amanuensis, antecedent, antecedents, appraise,
     appurtenance, article, aspect, assess, assignee, assistant,
     attorney, backer, baggage agent, bailiff, banker, base, basis,
     birth, business agent, butler, call, case, catalog, categorize,
     causation, cause, cause and effect, character, chromatid,
     chromatin, chromosome, circumstance, claim agent, class, classify,
     clerk, coadjutor, commercial agent, commission agent, component,
     consideration, consignee, constituent, contents, count, croupier,
     curator, custodian, customer agent, datum, deputy, detail,
     determinant, determinative, determiner, diathesis, dupe, element,
     emcee, endowment, etiology, eugenics, evaluate, facet, fact,
     feature, fed, federal agent, financier, fixings, freight agent,
     functionary, gauge, gene, general agent, genesiology, genetic code,
     genetics, go-between, ground, grounds, group, guardian, helper,
     hereditability, heredity, heritability, heritage, housekeeper,
     identify, implement, inborn capacity, incidental, influence,
     ingredient, inheritability, inheritance, instance, instrument,
     instrumentality, insurance agent, integrant, intermediary, item,
     land agent, landreeve, law agent, lender, librarian,
     literary agent, loan agent, majordomo, makings,
     master of ceremonies, matrocliny, matter, means, middleman,
     minor detail, minutia, minutiae, moneylender, news agent, occasion,
     official, parliamentary agent, part, part and parcel, particular,
     passenger agent, patrocliny, pharmacogenetics, piece, point,
     press agent, principle, proctor, procurator, proxy, puppet,
     purchasing agent, real estate agent, recessive character, regard,
     replication, representative, respect, sales agent, secretary,
     seneschal, sift, sort, sort out, special agent, specialty,
     station agent, steward, stimulus, theatrical agent, thing,
     thrash out, ticket agent, tool, travel agent, walking delegate,
     weigh, winnow

From The Jargon File (version 4.4.7, 29 Dec 2003) :

      See coefficient of X.

From The Free On-line Dictionary of Computing (30 December 2018) :

     A quantity which is multiplied by another quantity.
     See also divisor.
     [{Jargon File]

From Bouvier's Law Dictionary, Revised 6th Ed (1856) :

  FACTOR, contracts. An agent employed to sell goods or merchandise consigned 
  or delivered to him by, or for his principal, for a compensation commonly 
  called factorage or commission. Paley on Ag. 13; 1 Liverin. on Ag. 68; Story 
  on Ag. Sec. 33; Com. Dig. Merchant, B; Mal. Lex Merc. 81; Beawes, Lex Merc. 
  44; 3 Chit. Com. Law, 193; 2 Kent, Com. 622, note d, 3d. ed.; 1 Bell's Com. 
  385, Sec. 408, 409 2 B. & Ald. 143. He is also called a commission merchant, 
  or consignee. 
       2. When he resides in the same state or country with his principal, he 
  is called a home factor; and a foreign factor when he resides in a different 
  state or country. 3 Chit. Com. Law, 193; 1 T. R. 112; 4 M. & S. 576; 1 
  Bell's Com. 289, Sec. 313. 
       3. When the agent accompanies the ship, taking a cargo aboard, and it 
  is consigned to him for sale, and he is to purchase a return cargo out of 
  the proceeds, such agent is properly called a factor; he is, however, 
  usually known by the name of a supercargo. Beawes, Lex More. 44, 47; Liverm. 
  on Ag. 69, 70; 1 Domat, b. 1, t. 16, Sec. 3, art. 2. 
       4. A factor differs. from a broker, in some important particulars, 
  namely; he may buy and sell for his principal in his own name, as well as in 
  the name of his principal; on the contrary, a broker acting as such should 
  buy and sell in the name of his principal. 3 Chit. Com. Law, 193, 2101 541; 
  2 B. & Ald. 143, 148; 8 Kent, Com. 622, note d, 3d. ed. Again, a factor is 
  entrusted with the possession, management, disposal, and control of the 
  goods to be bought and sold, and has a special property and a lien on them; 
  the broker, on the contrary, has usually no such possession, management, 
  control, or disposal of the goods, nor any such special property nor lien. 
  Paley on Ag. 13, Lloyd's ed; 1 Bell's Com. 385. 
       5. Before proceeding further it will be proper to consider the 
  difference which exists in the liability of a home or domestic factor and a 
  foreign factor. 
       6. By the usages of trade, or intendment of law, when domestic factors 
  are employed in the ordinary business of buying and selling goods, it is 
  presumed that a reciprocal credit between, the principal and the agent and 
  third persons has been given. When a purchase has been made by such a 
  factor, he, as well as his principal, is deemed liable for the debt; and in 
  case of a sale, the buyer is responsible both to the factor and principal 
  for the purchase money; but this presumption may be rebutted by proof of 
  exclusive credit. Story, Ag. Sec. 267, 291, 293; Paley, Ag. 243, 371; 9 B. & 
  C. 78; 15 East, R. 62. 
       7. Foreign factors, or those acting for principals residing in a 
  foreign country, are held personally liable upon all contracts made by them 
  for their employers, whether they describe themselves in the contract as 
  agents or not. In such cases, the presumption is, that the credit is given 
  exclusively to the factor. But this presumption may be rebutted by a proof 
  of a contrary agreement. Story, Ag. Sec. 268; Paley, Ag. 248, 373; Bull. N. 
  P. 130; Smith, Merc. Law, 66; 2 Liverm. Ag. 249; 1 B. & P. 398; 15 East, R. 
  62; 9 B. & C. 78. 
       8. A factor is liable to duties, which will be first considered; and, 
  afterwards, a statement of his rights will be made. 
       9.-1. His duties. He is required to use reasonable skill and ordinary 
  diligence in his vocation; in general, he has a right to sell the goods, but 
  he cannot pawn them. The latter branch of this rule, however, is altered by 
  statute in some of the states. See Act of Penna. April 14, 1834, Sec. 3, 4, 
  6, postea[?], 20. He is bound to obey his instructions, but when he has none,
  he may and ought to act according to the general usages of trade sell for 
  cash, when that is usual, or give credit on sales, when that is customary. 
  He is bound to render a just account to his principal, and to pay him the 
  moneys he may receive for him. 
      10.-2. His rights. He has the right to sell the goods in his own name; 
  and, when untrammeled by instructions, he may sell them at such times and 
  for such prices, as, in the exercise of a just discretion, he may think best 
  for his employer. 3 Man. Gran. & Scott, 380. He is, for many purposes, 
  between himself and third persons, to be considered as the owner of the 
  goods. He may, therefore, recover the price of goods sold by him, in his own 
  name, and, consequently, he may receive payment and give receipts, and 
  discharge the debtor, unless, indeed, notice has been given by the 
  principal to the debtor not to pay. He has a lien on the goods for advances 
  made by him, and for his commissions. 
      11. Mr. Bell, in his Commentaries, vol. 1, page 265, 5th ed., lays down 
  the following rules with regard to the rights of the principal, in those 
  cases in which the goods in the factor's hands have been changed in the 
  course of his transactions. 
      12.-1. When the factor has sold the goods of his principal, and failed 
  before the price of the goods has been paid, the principal is the creditor, 
  and. entitled to a preference over the creditors of the factor. Cook's B. L. 
  4th ed. p. 400. 
      13.-2. When bills have been taken for the price, and are still in the 
  factor's hands, undiscounted at his failure; or where goods have been taken 
  in return for those sold; the principal is entitled to them, as forming no 
  part of the divisible fund. Willes, R. 400. 
      14.-3. When the price has been paid in money, coin, bank notes, &c., 
  it remains the property of the principal, if kept distinct as his. 5 T. la. 
  277; 2 Burr. 1369 5 Ves. Jr. 169; 2 Mont. B. L. 233, notes. 
      15.-4. When a bill received for goods, or placed with the factor, has 
  been discounted, or when money coming into his hands has been paid away, the 
  endorsee of the bill, or the person receiving the money, will be free from 
  all claim at the instance of the principal. Vide 1 B. & P. 539, 648. 
      16.-5. When the factor sinks the name of the principal entirely; as, 
  where he is employed to sell goods, and receives a del credere commission, 
  for which he engages to guarantee the payment to the principal, it is not 
  the practice to communicate the names of the purchasers to the principal, 
  except where the factor fails. Under these circumstances, the following 
  points have the principal is the creditor of the buyer, and has a direct 
  action against him for the price. Cook's B. L. 400; and vide Bull. N. P. 42 
  2 Stra. 1 1 82. But persons contracting with the factor in his own name, and 
  bona fide, are entitled to set off the factor's debt to them. 7 T. R. 360. 
  2. Where the factor is entrusted with the money or property of his principal 
  to buy stock, bills, and the like, and misapplies it, the produce will be 
  the principal's, if clearly distinguishable. 8 M. & S. 562. 
      17.-6. When the factor purchases goods for the behalf of his 
  principal, but on his own general, current account, without mention of the 
  principal, the goods vest in the factor, and the principal has only an 
  obligation against the factor's estate. But when the factor, after 
  purchasing the goods, writes to his principal that he has bought such a 
  quantity of goods in consequence of his order, and that they are lying in 
  his warehouse, or elsewhere, the property would seem to be vested in the 
      18. It may therefore be laid down as a general rule, that when the 
  property remitted by the principal, or acquired for him by his order, is 
  found distinguishable in the hands of the factor, capable of being traced by 
  a clear and connected chain of identity, in no one link of it degenerating 
  from a specific trust into a general debt, the creditors of the factor, who 
  has become bankrupt, have no right to the specific property. Much 
  discrimination is requisite in the application of this doctrine, as may be 
  seen by the case of Ex parte Sayers, 5 Ves. Jr. 169. 
      19. A factor has no right to barter the goods of his principal, nor to 
  pledge them for the purpose of raising money for himself, or to secure a 
  debt he may owe. See ante, 9-1. But he may pledge them for advances made to 
  his principal, or for the purpose of raising money for him, or in order to 
  reimburse himself to the amount of his own lien. 2 Kent, Com. 3d. ed:, 625 
  to 628; 4 John. R., 103; Story on Bailm. Sec. 325, 326, 327. Another 
  exception to the general rule that a factor cannot pledge the goods of his 
  principal, is, that he may raise money b pledging the goods, for the payment 
  of 'duties, or any other charge or purpose allowed or justified by the 
  usages of trade. 2 Gall. 13; 6 Serg. & Rawle, 386; Paley on Ag. 217; 3 Esp. 
  R. 182. 
      20. The legislature of Pennsylvania, by an act entitled "An act for the 
  amendment of the law relating to factors passed April 14, 1834, have made 
  the following provisions. This act was prepared by the persons appointed to 
  revise the civil code of that state, and was adopted without alteration by 
  the legislature. It is here inserted, with a belief that it will be found 
  useful to the commercial lawyer of the other states. 
      21.-1. Whenever any person entrusted with merchandise, and having 
  authority to sell or consign the same, shall ship, or otherwise transmit 
  tile same to any other person, such other person shall have a lien thereon. 
      22.-I. For any money advanced, or negotiable security given by him on 
  the faith of such consignment, to or for the use of the person in whose name 
  such merchandise was shipped or transmitted. 
      23.-II. For any money or negotiable security, received for the use of 
  such consignee, by the person, in whose name such merchandise was shipped or 
      24.-2. But such lien shall not exist for any of the purposes 
  aforesaid, if such consignee shall have notice by the bill of lading, or 
  otherwise, before the time of such advance or receipt, that the person in 
  whose name such merchandise was shipped or transmitted, is not the actual 
  owner thereof. 
      25.-3. Whenever any consignee or factor, having possession of 
  merchandise, with authority to sell the same, or having possession of any 
  bill of lading, permit, certificate, receipt, or order, for the delivery of 
  merchandise, with the like authority, shall deposit or pledge such 
  merchandise, or any part thereof, with any other person, as a security for 
  any money advanced, or negotiable instrument given by him on the faith 
  thereof; such other person shall acquire, by virtue of such contract, the 
  same interest in, and authority over, the said merchandise, as, he would 
  have acquired thereby if such consignee or factor had been the actual owner 
  thereof. Provided, That such person shall not have notice by such document 
  or otherwise, before the time of such advance or receipt, that the holder of 
  such merchandise or document is not the actual owner of such merchandise. 
      26.-4. If any person shall accept or take such merchandise or document 
  from any such consignee or factor, in deposit or pledge for any debt or 
  demand previously due by, or existing against, such consignee or factor, and 
  without notice as aforesaid, and if any person shall accept or take such 
  merchandise or document from any such consignee or factor, in deposit or 
  pledge, without notice or knowledge that the person making such deposit or 
  pledge, is a consignee or factor only, in every such case the person 
  accepting or taking such. merchandise or document in deposit or pledge, 
  shall acquire the same right and interest in such merchandise as was 
  possessed, or could have been enforced, by such consignee or factor against 
  his principal at the time of making such deposit or pledge, and further or 
  other right or interest. 
      27.-5. Nothing in this act contained shall be construed or taken: 
       I. To affect any lien which a. consignee or factor may possess at law, 
  for the expenses and charges attending the shipment, or transmission and 
  care of merchandise consigned, or otherwise intrusted to him. 
      28.-II. Nor to prevent the actual owner of merchandise from recovering 
  the same from such consignee or factor, before the same shall have been 
  deposited or pledged as aforesaid, or from the assignees or trustees of such 
  consignee or factor, in the event of his insolvency. 
      29.-III. Nor to prevent such owner from recovering any merchandise, so 
  as aforesaid deposited or pledged, upon tender of the money, or of 
  restoration of any negotiable instrument so advanced, or given to such 
  consignee or factor, and upon tender of such further sum of money, or of 
  restoration of such other negotiable instrument, if any, as may have been 
  advanced or given by such consignee or factor to such owner, or on tender of 
  a sum of money equal to the amount of such instrument. 
      30.-IV. Nor to prevent such owner from recovering, from the person 
  accepting or taking such merchandise in deposit or pledge, any balance or 
  sum. of money remaining in his hands as the produce of the sale of such 
  merchandise, after deducting the amount of money or the negotiable 
  instrument so advanced or given upon the security thereof as aforesaid. 
      31.-6. If any consignee or factor shall deposit or pledge any 
  merchandise or document as aforesaid, consigned or intrusted to him as a 
  security for any money borrowed, or negotiable instrument received by such 
  consignee or factor, and shall apply and dispose of the same to his own use, 
  in violation of good faith, and with intent to defraud the owner of such 
  merchandise, and if any consignee or factor shall, with the like fraudulent 
  intent, apply or dispose of, to his own use, any money or negotiable 
  instrument, raised or acquired by the sale or other disposition of such 
  merchandise, such consignee or factor shall, in every such case, be deemed 
  guilty of a misdemeanor, and shall be punished by a fine, not exceeding two 
  thousand dollars, and by imprisonment, for a term not exceeding five years. 

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