noun
- the business or work of a factor; commission paid to a factor for services
- a factory or trading post, especially in a foreign country
Usage: business; commercial
Usage: historical; colonial trade
Examples
- The merchant paid a substantial factorage for the agent’s services.
- The company’s factorage in India handled all textile exports.
- His factorage business thrived during the colonial period.
- The factorage charged five percent commission on all sales.
- European trading companies established factorages along the coast.
- The factorage served as both warehouse and office for overseas trade.