What does commission mean?

commission meaning in General Dictionary

To give a fee to to provide with a payment to empower or authorize on fee persons to do specific functions to payment an officer

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  • The act of committing doing or doing the act of perpetrating
  • location an order for
  • put in commission; supply for solution; of ships
  • charge with an activity
  • their state to be in great doing work order and ready for procedure
  • a charge for solutions rendered based on a portion of a sum received or collected or agreed to be paid (as distinguished from an income)
  • a team of associates or delegates
  • a special team delegated to think about some matter
  • a formal declaration of a command or injunction to accomplish some thing
  • the official document given by a government and conferring on individual the ranking of an officer when you look at the armed forces
  • the work of giving expert to carry out specific functions
  • the work of committing a crime
  • a particular project that's provided to people or team
  • The work of committing, performing, or performing; the act of perpetrating.
  • The work of intrusting; a charge; instructions on how a trust will probably be executed.
  • the job or employment intrusted to virtually any individual or people; a trust; a charge.
  • A formal written warrant or expert, giving particular capabilities or privileges and authorizing or commanding the performance of certain tasks.
  • A certificate conferring military or naval rank and authority; because, a colonel's fee.
  • an organization of persons joined inside overall performance of some responsibility or the execution of some trust; since, the interstate trade commission.
  • The acting under authority of, or on account of, another.
  • the one thing to be done as agent for another; because, i've three commissions for city.
  • The brokerage or allowance designed to an issue or broker for transacting business for the next; because, a payment of ten percent on product sales. See Del credere.
  • To give a commission to; to furnish with a payment; to empower or authorize; since, to commission people to perform particular functions; to fee an officer.
  • To send-out with a charge or percentage.

commission meaning in Legal Dictionary

n. 1) a fee compensated predicated on a percentage of the purchase created by a member of staff or agent, as distinguished from regular repayments of earnings or income. 2) a bunch appointed pursuant to law to conduct particular federal government business, particularly legislation. These are the regional preparation or zoning commission towards the Securities and Exchange Commission or the Federal Trade Commission.

commission meaning in Finance Dictionary

overall, a cost paid to an agent or representative for assisting a transaction. More particularly, a payment meant to a stockbroker once you buy or sell stocks. Generally, the amount of percentage is either an appartment charge (perhaps increasing in phases based on the size of the deal) or a percentage based on the measurements of the offer. An important determinant of the quantity of commission you spend could be the style of solution you obtain from your own agent. This may be discretionary (the broker features basic discernment on how he handles your profile); consultative (the broker reveals alterations in the structure for the portfolio, but does not have the authority to trade on a completely discretionary basis); or execution-only (the broker's major function is perform the buy/sell directions that you simply give him). Usually, execution-only brokers will be the most affordable for exchange costs.

commission meaning in Law Dictionary

warrant or authority or letters patent, issuing from federal government, or one of its departments, or a court, empowering a person or people called doing particular functions, or even to work out jurisdiction, or even do the duties and do exercises the authority of an office, (like in the actual situation of an officer in the army or navy.) Bledsoe v. Colgan, 138 Cal. 34, 70 Pac. 924; U. S. v. Planter, 27 Fed. Cas. 544; Dew v. Judges, 3 Hen. & M. (Va.) 1, 3 Am. Dec. 639; Scofield v. Lounsbury, 8 Conn. 109. Additionally, in private matters, it signifies the authority’ or guidelines under what type individual transacts business or negotiates for the next. In a derivative good sense, a body of people to who a commission is directed. A board or committee officially appointed and empowered to do specific functions or exercise specific jurisdiction of a public nature or relation; as a “commission of assise.” In the civil-law. A species of bailment, becoming an undertaking, without reward, to accomplish some thing according to an article bailed; equal to “mandate.”

commission meaning in Etymology Dictionary

mid-14c., "authority entrusted to some body," from Latin commissionem (nominative commissio) "delegation of company," noun of action from past participle stem of committere (see commit). Meaning "body of individuals faced with authority" is from belated 15c.

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  • 1660s, from percentage (n.). Relevant: Commissioned; commissioning.

commission meaning in Business Dictionary

1. Mutually agreed upon, or fixed by custom or legislation, charge accruing to a real estate agent, broker, or salesperson for facilitating, initiating, and/or executing a commercial exchange. 2. Formal human body comprising of 1 or maybe more professionals formed on a random or continuing foundation to address, discussion, and/or exhaustively investigate issues inside the expertise of its people or inside the range regarding the commission's mandate. Unlike councils, commissions might have advisory, quasi-judicial, or regulating powers.

commission meaning in Insurance Dictionary

a particular portion of advanced created this is certainly retained as compensation by insurance representatives and agents. Also called acquisition expense.

commission - French to English


Sentence Examples with the word commission

Army Reform, therefore, has been very much in the forefront of late years owing to the estrangement of Austria (whith power can mobilize much more ranidlv) himt finsy,cisl difficulties have hitherto stood in the way of any radical and far-reaching reforms, and even the proposals of the Commission of 1907, referred to below, have only been partially accepted.

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