the business of a factor; buying and selling on commission
2.
a factor's commission
factorage in American English
(ˈfæktərɪdʒ)
noun
1.
the action or business of a factor
2.
the allowance or commission paid to a factor
Word origin
[1605–15; factor + -age]This word is first recorded in the period 1605–15. Other words that entered Englishat around the same time include: ferrule, gothic, independent, package, series-age is a suffix typically forming mass or abstract nouns from various parts of speech,occurring originally in loanwords from French (voyage; courage) and productive in English with the meanings “aggregate” (coinage; peerage; trackage), “process” (coverage; breakage), “the outcome of” as either “the fact of” or “the physical effect or remains of”(seepage; wreckage; spoilage), “place of living or business” (parsonage; brokerage), “social standing or relationship” (bondage; marriage; patronage), and “quantity, measure, or charge” (footage; shortage; tonnage; towage)