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 ?
QCommission's powerful commission plan architecture allows the definition of almost any kind of sales commission structure.
Sales commissions for closed-end funds that Eaton Vance paid and capitalized prior to July 24, 1998 were reflected as a cumulative effect of a change in accounting principle in the corporation's first quarter fiscal 1999 financial statements.
The first half of fiscal 1999 break-even earnings per share, before a cumulative effect of a change in accounting principle, resulted from a change in the accounting treatment for closed-end fund sales commissions mandated by an October 8, 1998 Financial Accounting Standards Board (FASB) staff announcement.
QCommission is a flexible and powerful software designed to automate the most complex sales commission processes.
The first fiscal quarter 1999 loss resulted from a change in the accounting treatment for closed-end fund sales commissions mandated by an October 8, 1998 Financial Accounting Standards Board (FASB) staff announcement.
After expensing sales commissions for its bank loan interval funds in the fourth quarter of fiscal 1998 and in the first two quarters of fiscal 1999, these funds were restructured to add distribution plans, and SEC approval was obtained to resume capitalizing sales commissions at the beginning of the third quarter.
As required by an October 8, 1998 Financial Accounting Standards Board (FASB) staff announcement, from July 24, 1998 until April 30, 1999, the Company expensed sales commissions paid in connection with the sale of closed-end funds that did not have both distribution plans and contingent deferred sales charges.
Eaton Vance capitalized and amortized sales commissions for the interval funds from their inception until July 24, 1998, when an October 1998 Financial Accounting Standards Board's staff announcement took effect.
The current period loss resulted from expensing sales commissions for the $0.
Consequently, the company was able to increase revenues by 20% during 2004, but EBITDA only increased by 3% because of the challenging competitive environment in the wireless unit that resulted in increase advertising, handset subsidies, and sales commissions costs.
com), fiscal 1998 earnings reflect a change in accounting treatment for sales commissions incurred by Eaton Vance for distribution of its continuously-offered closed-end bank loan funds.
The increased loss was primarily as a result of (1) a $465,000 increase in research and development activities related to the clinical trials for two of the Company's HIV rapid tests that were recently submitted to the Food and Drug Administration (FDA) for Pre-Market Approval (PMA) and (2) a $400,000 increase in selling, general and administrative expenses associated with increased sales commissions, marketing costs, legal and accounting costs.