Factor

Factor, a Latin word meaning "who/which acts", may refer to:

Commerce

Science and technology

Biology

Computer science and information technology

Factoring (finance)

Factoring is a financial transaction and a type of debtor finance in which a business sells its accounts receivable (i.e., invoices) to a third party (called a factor) at a discount. A business will sometimes factor its receivable assets to meet its present and immediate cash needs.Forfaiting is a factoring arrangement used in international trade finance by exporters who wish to sell their receivables to a forfaiter. Factoring is commonly referred to as accounts receivable factoring, invoice factoring, and sometimes accounts receivable financing. Accounts receivable financing is a term more accurately used to describe a form of asset based lending against accounts receivable.

Factoring is not the same as invoice discounting (which is called an "Assignment of Accounts Receivable" in American accounting – as propagated by FASB within GAAP). Factoring is the sale of receivables, whereas invoice discounting ("assignment of accounts receivable" in American accounting) is a borrowing that involves the use of the accounts receivable assets as collateral for the loan. However, in some other markets, such as the UK, invoice discounting is considered to be a form of factoring, involving the "assignment of receivables", that is included in official factoring statistics. It is therefore also not considered to be borrowing in the UK. In the UK the arrangement is usually confidential in that the debtor is not notified of the assignment of the receivable and the seller of the receivable collects the debt on behalf of the factor. In the UK, the main difference between factoring and invoice discounting is confidentiality.

Von Neumann algebra

In mathematics, a von Neumann algebra or W*-algebra is a *-algebra of bounded operators on a Hilbert space that is closed in the weak operator topology and contains the identity operator. They were originally introduced by John von Neumann, motivated by his study of single operators, group representations, ergodic theory and quantum mechanics. His double commutant theorem shows that the analytic definition is equivalent to a purely algebraic definition as an algebra of symmetries.

Two basic examples of von Neumann algebras are as follows. The ring L^∞(R) of essentially bounded measurable functions on the real line is a commutative von Neumann algebra, which acts by pointwise multiplication on the Hilbert space L²(R) of square integrable functions. The algebra B(H) of all bounded operators on a Hilbert space H is a von Neumann algebra, non-commutative if the Hilbert space has dimension at least 2.

Von Neumann algebras were first studied by von Neumann (1930) in 1929; he and Francis Murray developed the basic theory, under the original name of rings of operators, in a series of papers written in the 1930s and 1940s (F.J. Murray & J. von Neumann 1936, 1937, 1943; J. von Neumann 1938, 1940, 1943, 1949), reprinted in the collected works of von Neumann (1961).

Diner (disambiguation)

Diner is a type of North American restaurant.

Diner may refer to:

See also

Diner (film)

Diner is a 1982 American comedy-drama written and directed by Barry Levinson. The film is Levinson's screen directing debut, and the first of Levinson's four "Baltimore Films" set in his hometown during the 1940s, '50s, and '60s: Diner (1982), Tin Men (1987), Avalon (1990), and Liberty Heights (1999).

Plot

Set in the northwest section of Baltimore, Maryland, during the last week of 1959, Diner tells the story of a circle of male friends – now in their early twenties – who reunite for the wedding of one of their group. The title refers to the Hilltop Diner that was located at Reisterstown Road and Rogers Avenue, Baltimore, their late-night hangout. However, the Hilltop had been converted into a liquor store, so the location in the film is in the Canton section of Baltimore. An element of the story includes the Baltimore Colts winning the 1959 NFL Championship Game. The semi-autobiographical film explores the changing relationships among these friends as they become adults through what is mostly a series of vignettes rather than a traditional narrative. Levinson encouraged improvisation among his cast to capture realistic camaraderie.

Diner (pinball)

Diner is a pinball machine produced by Williams. The objective of the game is to serve all customers in a diner. The table was marketed with the slogan "Its fresh! Its fast! Its hot!".

Gameplay

One to four players can play. Each player gets 3 balls per game. Serving all 5 customers (Haji, Babs, Boris, Pepe, and Buck) lights "Dine Time", which is a Jackpot. It starts at 1 Million points, and it can be advanced up to 12 Million Points.

Playfield

The playfield includes 2 yellow flippers, a plunger, and 2 signature cross ramps, which is common in early 1990s pinball machines designed by Mark Ritchie. Both Ramps can be used to obtain many points, as well as unlock extra balls.

Multi-ball

A player can easily obtain a multi-ball. By doing this, they must unlock the Lock Mode on the cash register ramp, and shoot a target to unlock a second ball.

Digital Versions

Diner pinball is available as a licensed table of The Pinball Arcade.

External links