factorial

(redirected from Accounts receivable financing)
Also found in: Dictionary, Thesaurus, Medical, Legal, Financial.

factorial

Maths
the product of all the positive integers from one up to and including a given integer. Factorial zero is assigned the value of one: factorial four is 1 × 2 × 3 × 4. Symbol: n!, where n is the given integer

Factorial

 

The factorial of a given natural number n is the product of all the natural numbers less than or equal to n. The factorial of n is denoted usually by n! Thus,

n! = 1 × 2 × ... × n

For large n an approximate expression for n! is given by Stirling’s formula. The number of permutations of n things taken all at a time is the factorial of n.

factorial

[fak′tȯr·ē·əl]
(mathematics)
The product of all positive integers less than or equal to n; written n !; by convention 0! = 1.

factorial

(mathematics)
The mathematical function that takes a natural number, N, and returns the product of N and all smaller positive integers. This is written

N! = N * (N-1) * (N-2) * ... * 1.

The factorial of zero is one because it is an empty product.

Factorial can be defined recursively as

0! = 1 N! = N * (N-1)! , N > 0

The gamma function is the equivalent for real numbers.

factorial

The number of sequences that can exist with a set of items, derived by multiplying the number of items by the next lowest number until 1 is reached. For example, three items have six sequences (3x2x1=6): 123, 132, 231, 213, 312 and 321. See factor and IFP.
References in periodicals archive ?
Making receivables payable, Before you decide whether to consider accounts receivable financing in these credit-crunch times, keep in mind that it comes in two forms:
The goal of the joint venture is to further develop both companies' working capital and accounts receivable financing businesses by offering market-leading solutions to customers in the domestic and Asian markets.
The Company's solutions include core data processing, item processing and check imaging, ACH origination and processing, remote check capture and deposit processing, accounts receivable financing solutions, teller automation systems, turn-key leasing solutions, financial institution website design and hosting, and retail inventory management.
is the parent company of Northrim Bank, a full-service commercial bank that provides personal and business banking services through locations in Anchorage, Eagle River, Wasilla, and Fairbanks, Alaska, and an accounts receivable financing division in Washington.
Goldleaf's solutions include core data processing, item processing and check imaging, ACH origination and processing, remote check capture and deposit processing, accounts receivable financing solutions, teller automation systems, turn-key leasing solutions, financial institution website design and hosting, and retail inventory management.
is the parent company of Northrim Bank, a full-service commercial bank that provides a full range of personal and business banking services through locations in Anchorage, Eagle River, Wasilla, and Fairbanks, Alaska, and an accounts receivable financing division in Washington.
We have consistently worked to build sales volume through internal cash flow and non-traditional accounts receivable financing.

Full browser ?