Webcommission: [noun] a formal written warrant granting the power to perform various acts or duties.

WebDefine commission. commission synonyms, commission pronunciation, commission translation, English dictionary definition of commission. n. 1. a. The act of granting ...

WebThe word commission has several very different meanings, but in its most basic meaning, commission is the act of passing a responsibility to someone else. If you receive a government commission, that means you have been assigned a task by the government.

WebMeaning of commission in English. commission verb (REQUEST WORK) [ T ] to formally choose someone to do a special piece of work, or to formally ask for a special piece of work from ... commission verb (MAKE OFFICER) commission noun (GROUP) commission noun (PAYMENT) commission noun (WORK)

Web07/12/2022 · Advantages of Commission-based Pay. 1. Encourages employees to work harder. Highly talented professionals in sales and marketing get more out of commission-based pay since their income relies on how hard they work. The more sales they make, the more generous their compensation will be compared to their less motivated counterparts.

Web20/10/2022 · A commission is a fee paid to a salesperson in exchange for services in facilitating or completing a sale transaction. The commission may be structured as a flat fee, or as a percentage of the revenue, gross margin, or profit generated by the sale. Commissions may also be charged by brokers to assist in the sale of securities, …

Web13/12/2021 · Commission Definition. A commission is a profit paid due to making a sale. There are many different types of commissions. The differences are based on how rates are calculated and what the rate is ...