Definition of factorage in US English:

factorage

noun

  • The commission or charges payable to a factor.

    • ‘The present system of factorage in the corn-trade is stated to have existed only about one hundred and fifty years.’
    • ‘Sturdevant moved to Nacogdoches as the agent of cotton factorage, and continued to operate a cotton yard long after he became a banker.’

Pronunciation

factorage

/ˈfæktərɪdʒ//ˈfaktərij/