Factor analysis in which latent variables are calculated that maximise the correlation with observed variables.
Note: The common factors are not unique. Typically factors are rotated so that the factors are more easily interpreted in terms of the original variables.
Source:
PAC, 2016, 88, 407. 'Vocabulary of concepts and terms in chemometrics (IUPAC Recommendations 2016)' on page 418 (https://doi.org/10.1515/pac-2015-0605)