/ˈfæktər/ – noun
Definition: 1. nhân tố, yếu tố;
2. (Scot) người quản lý ruộng đất;
3. người nhận được lệnh của tòa án tịch biên tài sản của con nợ đang nằm trong tay họ hay số tiền phải trả cho con nợ;
4. người quản lý, đại lý;
5. hệ số, thừa số.
A more thorough explanation: In legal terms, a factor refers to a person or entity who acts on behalf of another in a commercial transaction, typically involving the purchase and sale of goods. Factors are often involved in financing arrangements, such as factoring agreements, where they purchase accounts receivable from a business at a discount in exchange for providing immediate cash to the business. Factors may also provide services such as credit management, collection of debts, and assuming the risk of non-payment from customers.
Example: One factor to consider in determining liability is whether the defendant owed a duty of care to the plaintiff.