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factorage

[ fak-ter-ij ]
/ ˈfæk tər ɪdʒ /
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noun
the action or business of a factor.
the allowance or commission paid to a factor.
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Origin of factorage

First recorded in 1605–15; factor + -age
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021

How to use factorage in a sentence

  • The factorage system appears to have been introduced in Virginia around 1625, and was actually a part of the consignment system.

  • The Revolution cut the connection between England and the Virginia planters, but the factorage system was not destroyed.

British Dictionary definitions for factorage

factorage
/ (ˈfæktərɪdʒ) /

noun
the commission payable to a factor
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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