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Broker vs. Factor — What's the Difference?

Broker vs. Factor — What's the Difference?

Difference Between Broker and Factor

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Broker

A broker is a person or firm who arranges transactions between a buyer and a seller for a commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a principal party to the deal.

Factor

A circumstance, fact, or influence that contributes to a result
His skill was a factor in ensuring that so much was achieved
She worked fast, conscious of the time factor

Broker

One that acts as an agent for others, as in negotiating contracts, purchases, or sales in return for a fee or commission.

Factor

A number or quantity that when multiplied with another produces a given number or expression
An amount that exceeds it by a factor of 1000 or more

Broker

A stockbroker.
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Factor

A level on a scale of measurement.

Broker

A power broker.

Factor

Any of a number of substances in the blood, mostly identified by numerals, which are involved in coagulation.

Broker

To arrange or manage as a broker
Broker an agreement among opposing factions.

Factor

An agent who buys and sells goods on commission
His father was chief factor for the Hudson's Bay Company

Broker

A mediator between a buyer and seller.

Factor

Another term for factorize
Last year researchers factored a number 155 digits long

Broker

A stockbroker.

Factor

(of a company) sell (its invoices) to a factor
They collected rents while he factored these forfeited estates

Broker

A mediator in general, one who liaises between two or more parties to attempt to achieve an outcome of some kind.

Factor

One that actively contributes to an accomplishment, result, or process
"Surprise is the greatest factor in war" (Tom Clancy).

Broker

(computing) An agent involved in the exchange of messages or transactions.

Factor

One who acts for someone else; an agent.

Broker

(intransitive) To act as a broker; to mediate in a sale or transaction.

Factor

One who purchases accounts receivable at a discount.

Broker

(transitive) To act as a broker in; to arrange or negotiate.

Factor

(Mathematics) One of two or more quantities that divides a given quantity without a remainder. For example, 2 and 3 are factors of 6; a and b are factors of ab.

Broker

One who transacts business for another; an agent.

Factor

A quantity by which a stated quantity is multiplied or divided, so as to indicate an increase or decrease in a measurement
The rate increased by a factor of ten.

Broker

An agent employed to effect bargains and contracts, as a middleman or negotiator, between other persons, for a compensation commonly called brokerage. He takes no possession, as broker, of the subject matter of the negotiation. He generally contracts in the names of those who employ him, and not in his own.

Factor

A gene. No longer in technical usage.

Broker

A dealer in money, notes, bills of exchange, etc.

Factor

(Physiology) A substance that functions in a specific biochemical reaction or bodily process, such as blood coagulation.

Broker

A dealer in secondhand goods.

Factor

To determine or indicate explicitly the factors of
If you factor 70, you get 2, 5, and 7.

Broker

A pimp or procurer.

Factor

To engage in purchasing accounts receivable at a discount.

Broker

A businessman who buys or sells for another in exchange for a commission

Factor

(obsolete) A doer, maker; a person who does things for another person or organization.
The factor of the trading post bought the furs.

Broker

Act as a broker

Factor

An agent or representative.

Factor

(legal)

Factor

A commission agent.

Factor

A person or business organization that provides money for another's new business venture; one who finances another's business.

Factor

A business organization that lends money on accounts receivable or buys and collects accounts receivable.

Factor

One of the elements, circumstances, or influences which contribute to produce a result.
The greatest factor in the decision was the need for public transportation.
The economy was a factor in this year's budget figures.

Factor

(mathematics) Any of various objects multiplied together to form some whole.
3 is a factor of 12, as are 2, 4 and 6.
The factors of the Klein four-group are both cyclic of order 2.

Factor

(causal analysis) Influence; a phenomenon that affects the nature, the magnitude, and/or the timing of a consequence.
The launch temperature was a factor of the Challenger disaster.

Factor

(economics) A resource used in the production of goods or services, a factor of production.

Factor

(Scotland) A steward or bailiff of an estate.

Factor

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

Factor

To be a product of other objects.

Factor

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

Factor

One who transacts business for another; an agent; a substitute; especially, a mercantile agent who buys and sells goods and transacts business for others in commission; a commission merchant or consignee. He may be a home factor or a foreign factor. He may buy and sell in his own name, and he is intrusted with the possession and control of the goods; and in these respects he differs from a broker.
My factor sends me word, a merchant's fledThat owes me for a hundred tun of wine.

Factor

A steward or bailiff of an estate.

Factor

One of the elements or quantities which, when multiplied together, form a product.

Factor

One of the elements, circumstances, or influences which contribute to produce a result; a constituent; a contributory cause.
The materal and dynamical factors of nutrition.

Factor

To resolve (a quantity) into its factors.

Factor

Anything that contributes causally to a result;
A number of factors determined the outcome

Factor

An abstract part of something;
Jealousy was a component of his character
Two constituents of a musical composition are melody and harmony
The grammatical elements of a sentence
A key factor in her success
Humor: an effective ingredient of a speech

Factor

Any of the numbers (or symbols) that form a product when multiplied together

Factor

One of two or more integers that can be exactly divided into another integer;
What are the 4 factors of 6?

Factor

A businessman who buys or sells for another in exchange for a commission

Factor

An independent variable in statistics

Factor

(genetics) a segment of DNA that is involved in producing a polypeptide chain; it can include regions preceding and following the coding DNA as well as introns between the exons; it is considered a unit of heredity;
Genes were formerly called factors

Factor

Resolve into factors;
A quantum computer can factor the number 15

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