Meaning of “factoring” in the English Dictionary

"factoring" in American English

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factoringnoun [ U ]

us /ˈfæk·tər·ɪŋ/

factoring noun [ U ] (NUMBER)

algebra the process by which a number or variable is written as a product of two or more terms (= numbers or symbols)

factoring completely

Factoring completely is the process of factoring a number until no other factors can be found.

(Definition of “factoring” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"factoring" in Business English

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factoringnoun [ U ]

uk /ˈfæktərɪŋ/ us also invoice factoring FINANCE

a situation in which a company buys the right to collect payments and debts owed to another company and charges for doing this:

You can decrease the burden of unpaid debts by selling those debts to a factoring service.

(Definition of “factoring” from the Cambridge Business English Dictionary © Cambridge University Press)