Definition: "Factor in" is a phrasal verb that means to consider or include something as part of a decision or calculation. When you "factor in" something, you are taking it into account to ensure a more accurate or complete result.
Simple Example: "When budgeting for the trip, be sure to factor in the cost of food and activities."
Advanced Example: "In our analysis, we must factor in the impact of inflation on our profit margins."
While "factor in" primarily means to consider as relevant, "factor" alone can refer to: 1. A number that divides another number evenly (in mathematics). - Example: "The factors of 10 are 1, 2, 5, and 10." 2. An element or cause that contributes to a result. - Example: "Weather is a significant factor in agriculture."
"Factor in" is a useful expression for discussing how to include important elements in your decision-making process.