单词 | FACTOR |
释义 | 1. A commercial agent, employed by a principal to sell merchandiseconsigned to him for that purpose, for and in behalf of the principal, but usually in hisown name, being intrusted with the possession and control of the goods, and being remuneratedby a commission, commonly called “factorage.” Howland v. Woodruff, 60 N.Y. 30; In re Rabenau (D. C.) 118 Fed. 474; Lawrence v. Stonington Bank, 6 Conn. 527;Graham v. Duckwall, 8 Bush (Ky.) 17.A factor is an agent who, in the pursuit of an independent calling, is employed byanother to sell property for hiin, and is vested by the latter with the possession orcontrol of the property, or authorized to receive payment therefor from the purchaser.Civ. Code Cal. |
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