Compensating Factors - Law Dictionary Search Results
Home Dictionary Name: compensating factorscompensating factors
compensating factors factors that show the ability to repay a loan based on less traditional criteria, such as employment, rent, and utility payment history. Source: U.S. Department of Housing and Urban Development ...
fudge factor
a term or factor inserted into a calculation to compensate for anticipated errors or to arbitrarily make the result conform to some desired conclusion...
Factor
Factor [fr. facteur, Fr.], a substitute in mercantile affairs; an agent employed to sell goods or merchandise consigned or delivered to him by or for his principal, for a compensation commonly called factorage or commission. Hence he is often called a commission-merchant or consignee; and the goods received by him for sale are called a consignment. He is a home factor when he resides in the same state or country with his principal, and a foreign factor when he resides in a different state or country. He differs from a broker in this, and he may buy and sell in his own name, and is entrusted with the possession and disposal of the goods, and has a special property in, and a lien on, them; yet neither can delegate his authority, unless conferred by usages of trade or the assent of his principal. Factors have no incidental authority to barter goods, or to pledge them for advances made to them on their own account, or debts due by themselves; but they may pledge them for advances made on a...
compensate
compensate -sat·ed -sat·ing : to make an appropriate and usually counterbalancing payment to [ the victims for their injuries] [adequately compensated for her work] com·pen·sa·to·ry [kəm-pen-sə-tōr-ē] adj ...
substantial factor
substantial factor : an important or significant factor that is not necessarily the only factor leading to a plaintiff's injury but is sufficient to have caused the injury by itself compare but-for ...
factoring
factoring : the purchasing of accounts receivable from a business by a factor who assumes the risk of loss in return for some agreed discount ...
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...
compensable
compensable : entitling an individual to compensation [a job-related injury] ...
compensated bailment
compensated bailment : bailment for hire at bailment ...
Compensate
To make equal return to to remunerate to recompense to give an equivalent to to requite suitably as to compensate a laborer for his work or a merchant for his losses...
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