Visual meaning of 'factoring'? - learn with images, example in daily life

Visual illustration of factoring: To find all the factors of (a number or other mathematical object) (the objects that divide it evenly).

verb

To find all the factors of (a number or other mathematical object) (the objects that divide it evenly).

"In math class, we are learning how to solve equations by factoring them into simpler expressions. "

Visual illustration of factoring: (of a number or other mathematical object) To be a product of other objects.

verb

(of a number or other mathematical object) To be a product of other objects.

"The number 12 factors into 2, 2, and 3. "

Visual illustration of factoring: (commercial) To sell a debt or debts to an agent (the factor) to collect.

verb

(commercial) To sell a debt or debts to an agent (the factor) to collect.

"The small business was struggling with cash flow, so it considered factoring its invoices to get paid sooner. "

business finance commerce

Visual illustration of factoring: A financial transaction whereby a business sells its accounts receivable to a third party (called a factor) at a discount.

noun

A financial transaction whereby a business sells its accounts receivable to a third party (called a factor) at a discount.

"The company used factoring to raise cash quickly for its upcoming school project. "

business finance economy

Visual illustration of factoring: The process of factorization.

noun

The process of factorization.

"The factoring of the budget was crucial for the family to stay within their means. "