This code demonstrates a simple higher-order function with closure. The multiplier function returns a new function that remembers the factor value through closure. When we call multiplier(2), it returns a function that will multiply any input by 2, which we assign to double. Similarly, triple will multiply any input by 3. This pattern allows us to create specialized functions from a more general one. While this has similarities to currying (partial application of arguments), true currying would transform a function taking multiple arguments into a sequence of single-argument functions.