Money Factor

Business / Taxes / Money Factor: A money factor, also called a lease factor, is the finance charge you pay on an automobile lease. Unlike interest rates, which are expressed as a percentage of the amount borrowed, the money factor is usually stated as a decimal. You can calculate the actual interest rate you’re paying by multiplying the decimal by 24. So, for example, if you’re quoted a money factor of 0.00297, the rate you’re paying is 7.13% (0.00297 x 24 = 0.07128). You may find that the money factor is non-negotiable.

Other Words for Factor

Factor Adjective Synonyms: constituent, ingredient, element, part, particular, piece, component, circumstance, consideration, aspect, fact, influence, determinant, cause
MORE

Other Words for Money

Money Noun Synonyms: currency, legal tender, medium of exchange, specie, (hard) cash, ready money, banknotes, paper money, notes, bills, coin(s), change, small change, (filthy) lucre, pelf, shekels, lolly, readies, folding money, cold (hard)
Money Adjective Synonyms: resources, wealth, fortune, funds, capital, wherewithal, affluence, means, (liquid) assets, riches, bundle
MORE

Olfactory Hallucination

Science / Psychiatry / Olfactory Hallucination: A hallucination involving the perception of odor, such as of burning rubber or decaying fish. MORE

Olfactory Imagery

Entertainment / Literature / Olfactory Imagery: Imagery dealing with scent. See imagery. MORE

Old-Line Factoring

Business / Finance / Old-Line Factoring: Factoring arrangement that provides collection, insurance, and finance for accounts receivable. MORE

Links
Home
Glossary
Thesaurus