factorage


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factorage

the commission payable to a factor.
Collins Dictionary of Law © W.J. Stewart, 2006
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"Over 30 Factorage houses have suspended within the last fortnight," he reported.
Though the banks were a vital part of the city's exchange-oriented economy, their cloistered practices and global ties promoted institutional priorities that set them apart from commonplace merchant capitalists such as wholesale firms and factorage houses.
In financial services and insurance, a category that includes banking, loan associations, investors, money lenders, and factorages, seventy-six individual entrepreneurs are listed.
The trading companies, mercantile houses, factorages, and houses of agency were all in place, for example, and the commercial services necessary for financing, insuring, warehousing and trading rice and/or other bulky commodities were not only available, but increasingly standardized.