Definition

The work or business of a person or company that sells goods for others, often involving a fee or commission.

Example

The factorage of the goods was handled by a professional agent who specialized in international trade.

Conversation

I was reading about factorage fees the other day.

Oh really? What did you find out?

It turns out that factorage is basically the commission paid to a factor.

That makes sense! I had no idea it could be so significant.

Synonyms & Antonyms

Root Explanation

Factorage → It is formed from "fact" (from Latin "factum", meaning something made or done) and "-age" (a suffix indicating a process or result). The word "factorage" refers to the process or result of making or doing something, often in the context of business or trade.

Memory Tip

Think of 'fact' as something that is 'made' or 'done' — and '-age' indicates a process. This helps you remember that 'factorage' relates to the process of making or doing in a business context.

Visually Confused Words