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Unit factors may be made from any two terms that describe the same or equivalent amounts of what we are interested in. For example, we know that. 1 inch = 2.54 centimeters Note: Unlike most English-Metric conversions, this one is exact.There are exactly 2.540000000...nit factors may be made from any two terms that describe the same or equivalent amounts of what we are interested in. For example, we know that. 1 inch = 2.54 centimeters Note: Unlike most English-Metric conversions, this one is exact.
What is a 'Factor'. A factor is a financial intermediary that purchases receivables from a company. A factor is essentially a funding source that agrees to pay the company the value of the invoice less a discount for commission and fees. The factor advances most of the invoiced amount to the company immediately and the balance upon receipt of funds from the invoiced party.