commission

(redirected from Brokerage Fees)
Also found in: Dictionary, Thesaurus, Legal, Financial, Encyclopedia.

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 ?
Referring again to the five-year lease in which the tenant exercises its right to terminate after the end of the third year, with a six-month notice and rent obligation, there would be 18 months of unamortized brokerage fees and fit-up costs left for the tenant to cover.
The number of banks with double-digit increases in insurance brokerage fees over the prior year rose from 94 in 2012 to 116 so far this year.
Meanwhile, the Council of Labor Affairs (CLA) plans to push direct hiring of foreign workers by employers, thereby helping the latter skip brokerage fees and allowing them to raise the amount of expense for the board and accommodation, so as to cut their labor cost.
Brokerage fees were paid by some landlords, and that wasn't all: American Express gift cards; breakfast, lunch and dinner with cocktails; health club memberships, and even transportation to subway stops and office buildings.
The transaction related expenses will include mainly brokerage fees and other amounts are yet to be determined.
Mr Travers said he was earning commission and brokerage fees and by operating without a licence he was "playing fast and loose with the clients' money" exposing them to risk.
Brokerage fees contributed around 2.4% of total revenue during the year whereas ownership transfer and mortgage fees contributed 1.6%.
Overall, the banking industry earned $6.26 billion in insurance brokerage fees in the first half of 2007, up 2% from $6.13 billion a year earlier.
Consumers paid an estimated $65.7 billion in residential real estate brokerage fees in 2005.
and Union Bank, N.A., brokerage fees fell $1.8 million in 2005 compared with the previous year.
It is important that every package is insured, and customers should know that in addition to shipping costs, they may face import duties or brokerage fees.
Orem -- To offset the impact of rising interest rates, LOWRATESUSA.COM combines the Internet with automated underwriting to eliminate origination and mortgage brokerage fees, while reducing turnaround time by 75 percent.