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 ?
If enough advisors choose the fee-based route, then the annuity distributors are likely to eventually reach the conclusion that the additional supervisory costs and infrastructure required to support commissionable annuities are simply not worth it.
He next invents a ratio of ten per cent between aggregate commissionable profits on winning markets and a concept which he describes as turnover; he calls this ratio "profit margin" and estimates turnover as EUR2.14 billion (in 2011).
As an independent firm, Financial Plan advisers will have no commissionable products to sell.
IHG Jordan' s sales team has recently concluded a sales blitz promoting the launch of the 2011 MEA Summer Campaign, which is valid for bookings from May 1 Au August 31 and is fully commissionable to travel agents and open to third party intermediaries.
Coach holidays operators only pay when a customer books a commissionable holiday and the commission is not collected until after the tour has travelled, no commission is payable on tours that cancel.
Variable annuities 65% Separately managed accounts 63% Life insurance 45% Mutual fund wraps 37% Commissionable mutual funds 19% Unified managed accounts 19% Note: Table made from bar graph.
Such a question or a variation thereof usually ends up one of two ways: The agent/registered representative sifts through the illustration looking for the left corner of the signature page for "Target Commissionable Premium," and reads of the number in a sort of "raffle ticket" manner as if he himself does not know.
* Most corporate rates, AAA, and AARP are all commissionable rates.
They earn quick commissionable profits within days, and are amongst the highest paid agents and advisors in the industry.
Rather, it brings out the worst qualities in your best people, who will begin to "sandbag" payments--advising debtors to postpone their remittances to the next commissionable period.
If the standard rate for a full page was $5,000, we would say, "OK, we will take five pages but will only pay $18,000." There are very few media outlets that will not negotiate rates for a bulk buy-$18,000 in commissionable sales will sway nearly every sales representative.
If your commissionable earnings are technically part of your salary and used in calculating your gratuity, our understanding is that it is calculated as the monthly average over the previous six months.

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