Factor (agent), a person who acts for another, notably a mercantile and colonial agent. Factor (Scotland), a person or firm managing a Scottish estate. Factors of production, such a factor is a resource used in the production of goods and services.Click to see full answer. Moreover, what does it mean to be a factor?Math Term Definition. Factor. To factor a number means to break it up into numbers that can be multiplied together to get the original number. EXAMPLES: 6 = 3 x 2 so, factors of 6 are 3 and 2 9 = 3 x 3 so, factors of 9 are 3 and 3 Sometimes, numbers can be factored into different combinations.Similarly, what is a factor in history? A factor is a type of trader who receives and sells goods on commission (called factorage). A factor is a mercantile fiduciary transacting business in his own name and not disclosing his principal. Historically, a factor had his seat at a sort of trading post known as a factory. People also ask, what is an example of factor? Factor, in mathematics, a number or algebraic expression that divides another number or expression evenly—i.e., with no remainder. For example, 3 and 6 are factors of 12 because 12 ÷ 3 = 4 exactly and 12 ÷ 6 = 2 exactly. The other factors of 12 are 1, 2, 4, and 12.What is a factor in property?Property factors are property managers and can do a combination of the following jobs: hiring, supervising and paying day-to-day maintenance employees, such as a caretaker, cleaner or gardener. organising owners’ meetings so you can make decisions about the running of the building.