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The FindLaw Legal Dictionary -- free access to over 8260 definitions of legal terms. Search for a definition or browse our legal glossaries.

term:

Factor

factor n

[Medieval Latin, doer, maker, agent, from Latin, maker, from facere to do, make]
1 : one who acts or transacts business for another: as
a : a commercial agent who buys or sells goods for others on commission
b : one that lends money to producers and dealers (as on the security of accounts receivable)
2 : a person or thing that actively contributes to the production of a result [a difference in salary based on a other than sex]



Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.

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