factorage
- noun
- /ˈfæktərɪdʒ/
- Archaic
- The merchant deducted the factorage before sending the profits to the owner.
Examples
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The contract specified the amount of factorage owed to the agent for each transaction.
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Do you know the factorage rates for this service?
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After paying the factorage, the exporter received the remaining balance from the sale.
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The factorage for selling these products is quite high.
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The contract specified the amount of factorage owed to the agent for each transaction.
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After paying the factorage, the exporter received the remaining balance from the sale.
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The merchant deducted the factorage before sending the profits to the owner.
Synonyms
Money paid to a person for selling something, often part of the sale
Payment given to an agent or salesperson for a sale
How Much
Surface Forms
Morphology
Etymology
Factorage comes from factor, a word for a person who 'does' work for someone else, plus the ending -age from the root fac- meaning 'to do', the same root as factory. So factorage is the fee a factor takes for selling goods for someone else.