called also commission, is the allowance given to factors by the merchant who employs them.

A factor's commission in Britain, on most kinds of goods, is 2½ per cent.; on lead, and some other articles, 2 per cent.; in Italy, 2½ per cent.; in France, Holland, Spain, Portugal, Hamburg, and Dantick, 2 per cent.; in Turkey, 3 per cent.; in North America, 5 per cent. on sales, and 5 per cent. in returns; in the West Indies, 8 per cent. for commission and storage. In some places, it is customary for the factors to insure the debts for an additional allowance, generally 1½ per cent. In that case, they are accountable for the debt when the usual term of credit is expired.

Factorage on goods is sometimes charged at a certain rate per cask, or other package, measure, or weight, especially when the factor is only employed to receive or deliver them.