Factor (agent)

A factor, Latin for "doer, maker" (from Latin facit, "to do, make"), is a mercantile fiduciary who receives and sells goods on commission (called factorage), transacting business in his own name and not disclosing his principal, and historically with his seat at a factory (trading post). A factor differs from a commission merchant in that a factor takes possession of goods (or documents of title representing goods) on consignment, whereas a commission merchant sells goods not in his possession on the basis of samples. Most modern factor business is in the textile field, but factors are also used to a great extent in the shoe, furniture, hardware, and other industries, and the trade areas in which factors operate have increased.

In the UK, most factors fall within the definition of a mercantile agent under the Factors Act 1889 and therefore have the powers of such. A factor has a possessory lien over the consigned goods that covers any claims against the principal arising out of the factor's activity. A debt factor, be it a person or firm (factoring company), accepts as assignee book debts (accounts receivable) as security for short-term loans; this is known as factoring.

Trade (gay slang)

Trade (also known as Chow) is a gay slang term originating from Polari and refers to the (usually) casual partner of a gay man or to the genre of such pairings. Men falling in the category of "trade" are not gay-identified. Historically the motivations may at times include a desire for emotional fulfillment and admiration, but the term often refers to a straight man who partners with a gay man for economic benefit, either through a direct cash payment or through other, more subtle means (gifts, tuition payments, etc.). Trade originally referred to casual sex partners, regardless of sexuality as many gay and bisexual men were closeted, but evolved to imply the gay partner is comparatively wealthy and the partner who is trade is economically deprived. Examples of this include wealthy Englishmen finding partners among deprived Cockneys in 1930s London; traveling men finding partners in places such as Rio de Janeiro, Brazil, and Bangkok, Thailand and locals picking up military personnel who are generally seen as being physically appealing and eager for extra income or benefits.

Trade (nightclub)

Trade was a highly successful, pioneering and influential gay nightclub started in 1990 by Laurence Malice. Trade was unlike any other club at the time as it opened from 4am until 1pm on Sundays at Turnmills, Clerkenwell Road, London. The club was touted as "the original all night bender". The door policy was firm but fair: "You don't have to be gay or a member to get in, but your attitude and look will count".

Early Years 1990 - 1995

Trade quickly grew in popularity as other clubs at the time such as Heaven, G-A-Y and The Fridge closed at around 02:00-03:00 Sunday mornings, an hour or so before Trade opened at 03.00 Therefore, clubbers were able to go straight on to the club. At the time many guys went cruising in the parks after leaving other clubs. The name 'Trade' and the opening hours was to encourage guys to go to the club as a safer alternative.

Turnmills was the first club in the UK to be given a 24-hour "Music & Dance" licence. This was gained after Laurence Malice had for a long period of time tried to convince Mr Newman that there was a need for people to be able to party in a safe environment after 3am in the morning. Due to this licensing advantage, the venue's role was crucial to the success of Trade.

Trade (film)

Trade is a 2007 American film directed by Marco Kreuzpaintner and starring Kevin Kline. It was produced by Roland Emmerich and Rosilyn Heller. The film premiered January 23, 2007 at the 2007 Sundance Film Festival and opened in limited release on September 28, 2007. It is based on Peter Landesman's article "The Girls Next Door" about sex slaves, which was featured as the cover story in the January 24, 2004 issue of The New York Times Magazine.

Plot

In a poor family in Mexico City, Adriana (Paulina Gaitán) celebrates her 13th birthday, and is happy about the bicycle her 17-year-old brother Jorge (Cesar Ramos) gives her. Their mother suspects Jorge has got the money for the present in a dishonest way, and forbids Adriana to ride it. Indeed, Jorge lures a tourist into a quiet street pretending to bring him to a prostitute, and with two friends rob the man by threatening him with guns. After the tourist complies, the three carry out a mock execution, revealing that the guns are only water guns.

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).