Factor price

 

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Factor price

The price paid for the services of a unit of a primary factor of production per unit time. Includes the wage or salary of labor and the rental prices of land and capital. Does not normally refer to the price of acquiring ownership of the factor itself, which might be called the "purchase price."



Similar Matches

Old line factoring

Old line factoring

Factoring arrangement that provides collection, insurance, and finance for Factoring.


Tariff factory

Tariff factory

A production facility established by a foreign firm through FDI in a country in spite of its higher production costs, in order to serve its market without paying a tariff.


Factoring

Factoring

A company which is owed money by trade debtors faces the risk of slow payment or default on those debts, which can put strain on its cash flow. One of the ways it can mitigate this danger is by 'factoring' them.Special companies exist (factors) which will pay the company a high proportion of the amount it is owed, in return for the right to collect the debts from the debtors. The company gets a high percentage of the amount it is owed direct from the factor. The factors chase the money and keep the difference.


Factor content pattern of trade

Factor content pattern of trade

The trade pattern of a country or the world, focusing on factor content of the goods and services that are traded, as opposed to the commodity pattern of trade.


Maturity factoring

Maturity factoring

An arrangement that provides collection and insurance of accounts receivable.


Further Suggestions

Abundant factor
Specific factor
price earnings growth factor
Direct factor content
Factor price frontier
Footloose factor
Conversion factors
Factor-using
Factor content
Factor-price space
Scarce factor
Factor of production
Factor cost
Factor market
International factor movement
Direct-plus-indirect factor content
Factor
Factor share
Specific factors model
Currency factor
Factor mobility
Factor endowment
Annuity factor
One factor APT
Factor accumulation


 
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