commission

commission
A payment made to an intermediary, such as an agent, salesman, broker (see also brokerage), etc. , usually calculated as a percentage of the value of the goods sold. Sometimes the whole of the commission is paid by the seller (e. g. an estate agent's commission in the UK) but in other cases (e. g. some commodity markets) it is shared equally between buyer and seller. In advertising, the commission is the discount (usually between 10% and 15%) allowed to an advertising agency by owners of the advertising medium for the space or time purchased on behalf of their clients. A commission agent is an agent specializing in buying or selling goods for a principal in another country for a commission.

Big dictionary of business and management. 2014.

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  • commission — [ kɔmisjɔ̃ ] n. f. • XIIIe; mot du Nord; lat. commissio, de committere → commettre I ♦ Didact. Charge, mandat. ⇒ attribution, délégation, mission. Donner une commission à qqn. Charger qqn d une commission. Exécuter, remplir une commission. 1 ♦… …   Encyclopédie Universelle

  • commission — COMMISSION. s. f. Fait, action, chose commise. En ce sens il n est guère d usage qu en cette phrase, Péché de commission. On l oppose à péché d omission. f♛/b] Il signifie aussi, Charge qu on donne à quelqu un de faire quelque chose. Commission… …   Dictionnaire de l'Académie Française 1798

  • commission — Commission. s. f. v. Fait, action, chose commise. En ce sens il n a guere d usage qu en cette phrase, Peché de commission, qui s oppose à peché d obmission. Il signifie aussi, Charge qu on donne à quelqu un de faire quelque chose. Commission… …   Dictionnaire de l'Académie française

  • Commission — Com*mis sion, n. [F., fr. L. commissio. See {Commit}.] 1. The act of committing, doing, or performing; the act of perpetrating. [1913 Webster] Every commission of sin introduces into the soul a certain degree of hardness. South. [1913 Webster] 2 …   The Collaborative International Dictionary of English

  • commission — com·mis·sion n 1: a formal written authorization to perform various acts and duties a notary s commission 2 a: authority to act for, in behalf of, or in place of another b: a task or matter entrusted to one as the agent for another 3 a: a group… …   Law dictionary

  • commission — Commission, Curatio, Delegatio, Mandatum, Epistalma. Commissions de la Cour, Mandata Curiae. Une commission en forme, Authoritas mandati subsignata. La commission de faire les enquestes des parties, Inquirendi prouincia. Bailler commission de… …   Thresor de la langue françoyse

  • Commission — may refer to: Commission (remuneration), a form of payment to an agent for services rendered Commission (document), a document given to commissioned officers. Commissioning, a process or service provided to validate the completeness and accuracy… …   Wikipedia

  • Commission — Com*mis sion, v. t. [imp. & p. p. {Commissioned}; p. pr & vb. n. {Commissioning}.] 1. To give a commission to; to furnish with a commission; to empower or authorize; as, to commission persons to perform certain acts; to commission an officer.… …   The Collaborative International Dictionary of English

  • commission — [kə mish′ən] n. [ME & OFr < ML commissio, delegation of business (in L, a bringing together in a contest) < L commissus, pp. of committere: see COMMIT] 1. a) an authorization to perform certain duties or tasks, or to take on certain powers… …   English World dictionary

  • Commission I — is a body in the Indonesian legislature, the People s Representative Council. It has similar functions to both the Foreign Relations Committee and the Armed Services Committee in the United States Senate.The MPs in delegation of Commission I s… …   Wikipedia

  • commission — [n1] task, duty agency, appointment, authority, brevet, certificate, charge, consignment, delegation, deputation, diploma, embassy, employment, errand, function, instruction, legation, mandate, mission, obligation, office, permit, power of… …   New thesaurus

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