factorage
/ˈfæktərɪdʒ/
noun
- The commission or fee paid to a factor (an agent who buys or sells goods for others).
- The small business owner complained that the factorage was too high for the service provided.
- Factorage fees are often negotiated before the contract is signed.
- The merchant paid a 5% factorage to the agent for selling the textiles.
Synonyms