factor noun - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “factor”

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factor

noun [C]
 
 
/ˈfæktər/
one of several things that affects or influences a situation: Increasing use of online newspapers was definitely a contributing factor to the company's collapse. a key/significant/major factor a critical/crucial factor a deciding/decisive factor
( also invoice factor) FINANCE a business that buys the right to collect debts for another company and charges for collecting them: Using a factor can be a good way of getting better cashflow.
the amount that a number is multiplied or divided by: a factor of 3/10/75, etc. You should reduce your final figures by a factor of three.
COMMERCE a company or person that sells goods produced by another company using their own name, usually for payment
the . . . factor something special that a product, idea, person, etc. has that makes them successful or makes people notice them: What's missing from this organization is the leadership factor. Her latest fashion collection certainly has the wow factor.
→  See also adjustment factor , critical success factor , feelgood factor , hygiene factor , load factor , motivator factor , weighting factor
(Definition of factor noun from the Cambridge Business English Dictionary © Cambridge University Press)
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