commission

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commission

n. 1) a fee paid based on a percentage of the sale made by an employee or agent, as distinguished from regular payments of wages or salary. 2) a group appointed pursuant to law to conduct certain government business, especially regulation. These include from the local planning or zoning commission to the Securities and Exchange Commission or the Federal Trade Commission.

commission

(Act), noun accomplishment, actualization, actuation, attainment, carrying out, completion, consummation, discharge, dispatch, doing, effecting, effectuation, enactment, enforcement, execution, exercise, exercising, fruition, fulfilment, implementation, inflicting, infliction, making, mandatum, operation, realization, transaction
Associated concepts: commission of crime

commission

(Agency), noun advisory group, appointed group, board, board of inquiry, body of commissioners, body of delegates, body of deputies, bureau, cabinet, consultants, convocation, council, delegation, deliberative group, embassy, executive committee, investigating committee, planning board, representatives, standing committee, trustees
Associated concepts: advisory body, Federal Trade Commission, Municipal Commission, Public Service Commission

commission

(Fee), noun allotment, allowance, bonus, compensation, consideration, defrayment, dividend, earnings, emolument, extra commensation, increment, interest, pay, pay-off, payment, percentage, percentage compensation, portion, proceeds, profit, recompense, reimbursement, remuneration, return, reward, salary, share of profits, stipend, wage
Associated concepts: broker's commission, commission merchant, compensation, fees, finder's commission, profits
See also: act, agency, allow, appoint, assign, assignment, authorize, bestow, board, brokerage, bureau, charge, command, commit, committee, constitute, delegate, delegation, deputation, designate, designation, detail, dictate, direction, discharge, duty, earnings, embassy, employ, employment, empower, engage, entrust, establish, hire, induct, infliction, instruction, interest, invest, let, mission, nominate, obligation, performance, permit, post, retain, share, task, transaction, undertaking, vest, warrant

COMMISSION, contracts, civ. law. When one undertakes, without reward, to do something for another in respect to a thing bailed. This term is frequently used synonymously with mandate. (q.v.) Ruth. Inst. 105; Halifax, Analysis of the Civil Law, 70. If the service the party undertakes to perform for another is the custody of his goods, this particular sort of, commission is called a charge.
     2. In a commission, the obligation on his part who undertakes it, is to transact the business without wages, or any other reward, and to use the same care and diligence in it, as if it were his own.
     3. By commission is also understood an act performed, opposed to omission, which is the want of performance of such an act; is, when a nuisance is created by an act of commission, it may be abated without notice; but when it arises from omission, notice to remove it must be given before it is abated. 1 Chit. Pr. 711. Vide Abatement of Nuisances; Branches; Trees.

COMMISSION, office. Persons authorized to act in a certain matter; as, such a matter was submitted, to the commission; there were several meetings before the commission. 4 B. & Cr. 850; 10 E. C. L. R. 459.

COMMISSION, crim. law. The act of perpetrating an offence. There are crimes of commission and crimes of omission.

COMMISSION, practice. An instrument issued by a court of, justice, or other competent tribunal, to authorize a person to take depositions, or do any other act by authority of such court, or tribunal, is called a commission. For a form of a commission to take. depositions, see Gresley, Eq. Ev. 72.

References in periodicals archive ?
In addition to easier, more accurate sales commission processing, Express provides sales reps and managers the ability to track their performance anytime from anywhere through easy-to-navigate dashboards accessible via the Web, mobile devices or the iPad.
a premier provider of sales commission solutions and Oracle partner announced that the company's sales commission solution, QCommission has been certified by Oracle for its integration with Oracle Sales and Marketing Cloud Service.
Automating our sales commissions with Xactly has allowed us to spend less time doing time-intensive, manual processes and focus more on driving business results," said Amanda Bokan, financial analyst, Drager.
6 million or 16 percent primarily because of the change in accounting treatment of sales commissions for the corporation's bank loan interval funds.
Paying a sales commission is simply a very expensive way to invest your money,'' said Sheldon Jacobs, editor of the No-Load Fund Investor newsletter in New York, adding that there are 2,500 no-loads from which to choose.
com, San Diego residents also have a cost-savings alternative to paying high sales commissions for homes that virtually sell themselves.
The company also pays a 4 percent sales commission to a company owned by Moore's former son-in-law, Friedland, to handle clients in the East Coast.
Prior to May 1, 1999, the corporation was required to expense rather than capitalize and amortize sales commissions for its popular bank loan interval and other closed-end funds.
That could be another heavy blow to travel agents, who've already seen their sales commissions slashed by the airlines and their client base eroded by direct access to on-line reservations services - which is just fine with the airlines.
Companies have sales commissions that are completely unique because of their business needs," said Gopi Mattel , CEO of CellarStone, Inc.
As explained at the end of this release, comparison of the two periods is distorted by significant differences in the accounting treatment of sales commissions.
In order to support associates and monitor the Korean business, the company has adapted its state-of-the-art software system which seamlessly transmits international transactions to Company headquarters, converts funds to local exchange rates across national boundaries, and pays associates' sales commissions in their local currency.