A term which is synonymous with “factor.” It means one who receives goods, chattels, or merchandise for sale, exchange, or other disposition, and who is to receive a compensation for his services, to be paid by the owner, or derived from the sale, etc., of the goods. State v. Thompson, 120 Mo. 12, 25 S. W. 346; Perkins v. State, 50 Ala. 154; White v. Com., 78 Va. 484

More On This Topic

Link to This Definition
Did you find this definition of COMMISSION MERCHANT helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary