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commission

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commission

Fee charged for facilitating a transaction. Commission is usually based on a percentage of the price paid by the consumer, and is normally received by an intermediary who deals with both the consumer and the supplier of the good or service. A salesperson, for example, may receive commission as a proportion of the monetary value of every sale they make. An insurance broker may be paid a commission, based on a percentage of the insurance premium, by the insurer of the risk.

Commission payments are a type of piece rate payment, generally on top of a basic wage, although the earnings of some workers may be on a commission basis alone.



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It happened that the famous Commission of the 2nd of June had set on foot an inquiry into the irrigation of lands in the Zaraisky province, which fell under Alexey Alexandrovitch's department, and was a glaring example of fruitless expenditure and paper reforms.
(acting in concert) decided on sending a commission of inquiry to Venice, 'for the purpose of obtaining further information.
On Rostov's inquiry as to how the matter stood, he at once produced from under his pillow a paper he had received from the commission and the rough draft of his answer to it.
 
 
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