commission

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commission

To purchase or arrange the purchase of services, as in a primary care trust commissioning cytology screening services from a pathology laboratory in a particular trust.

commission

Business & health A type of finder's fee set by insurance brokers or agents for selling health plans, built into the premiums paid by the insured. See Biological Stain Commission, Commission on Dietary Supplement Labels, Commission E, Enzyme Commission, Joint Commission on Accreditation of Healthcare Organization, National Commission for Certification of Acupuncturists, National Commission for the Protection of Human Subjects of Biomedical & Behavioral Research, Nuclear Regulatory Commission, Pepper Commission, Pew Commission.

Commission

short for the International Commission on Zoological Nomenclature.
References in periodicals archive ?
Since there was no sales contract, the seller cannot be deemed to have defaulted so as to become liable for the broker's commission.
Justice Herman Cahn of the Supreme Court of New York County agreed with the tenants that O&Y had refused to negotiate with the broker; that the brokerage agreement did not prohibit the tenants from directly negotiating with O&Y; and that the agreement imposed no obligation for the tenants to pay the broker's commission.
Where the broker's commission should have decreased with the status of the market, it did not.
This is because the tenant's potential liability for the broker's commission may, as a practical matter, make walking away from the deal prohibitively expensive, thereby undermining the tenant's bargaining power.
The CDI executive observes that "in healthy times," a developer's fee greatly exceeds the broker's commission.
A broker's commission is paid by the landlord in the United States, except in regional shopping centers, while a 3 percent fee is paid by the tenant in Germany, he said.
Therefore, this new process actually helps the sellers to price the properties at much more attractive range that would create multiple offers, and the interested buyers wouldn't mind paying their broker's commissions and other processing fees to get the property of their interest.