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That really depends on what is the topic.

If we are talking about traffic- accidents, the three factors that reduce internal injury would be airbags, safe belts and force of impact.

If we are talking about economics, a Reduction factor:

Maintains the existing level of taxes paid on voted millage.

The taxing district collects the same amount of revenue that was voted regardless of increased property values, except for added value from new construction.

In mathematics a reduction factor might refer to the dividing factor.

the list goes on and on, you can reduce fat, accident, earthquakes, water line... you name it and each of them have their own factors by the reducing is done.

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