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TeachMeFinance.com - explain Breakage Breakage -- 1. A monetary allowance that a manufacturer allots for compensation to a buyer for breakage to goods (usually fragile) while in shipment. 2. A fractional amount due either party in a transaction, for example in computing interest. 3. In marine insurance, "breakage" refers to breakage of fragile goods such as glass and china. Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.