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any instrument, agent, etc., employed in the production of goods and services.
a resource or input entering the production of wealth, such as land, labour, capital, etc Also called agent of production


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    noun 1. the ratio of the maximum stress that a structural part or other piece of material can withstand to the maximum stress estimated for it in the use for which it is designed. noun 1. the ratio of the breaking stress of a material or structure to the calculated maximum stress when in use […]

  • Factors of production

    noun a collection of various resources which contribute to producing goods or services Examples Factors of production fall into three main groups – land, labor, and capital – and sometimes include entrepreneurship.

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  • Factor vii

    factor VII n. A factor in the clotting of blood that forms a complex with tissue thromboplastin and calcium to activate the prothrombinase, thus acting to accelerate the conversion of prothrombin to thrombin. Also called convertin, cothromboplastin, proconvertin, serum accelerator, serum accelerator globulin, serum prothrombin conversion accelerator.

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