Commission

Business / Real Estate / Commission: Payment to a broker for services rendered, such as in the sale or purchase of real property, usually a percentage of the selling price of the property.

Commission Broker

Business / Finance / Commission Broker: The fee paid to a broker to execute a trade, based on number of shares, bonds, options, and/or their dollar value. In 1975, deregulation led to the establishment of discount brokers, who charge lower MORE

Futures Commission Merchant (FCM)

Business / Finance / Futures Commission Merchant (FCM): A term used to designate all contracts covering the sale of financial instruments or physical commodities for future delivery on a commodity exchange. MORE

Negotiated Commission

Business / Finance / Negotiated Commission: An unfixed broker's commission that is determined through negotiation, depending on the specifics of the trades performed. MORE

Commission Cap

Life Style / Travel / Commission Cap: The limit placed on commissions paid to travel agents for the sale of air tickets, regardless of their price; designed to allow airlines to increase their profits at the expense of their primary distr MORE

Override Commission

Life Style / Travel / Override Commission: Extra commission paid by suppliers for quantity or volume sales. MORE

Commissioner

Entertainment / Fantasy Football / Commissioner: This is the person in charge of running the league, setting up the draft and (if neccessary) controlling all of the league fees. Other tasks such as updating results and standings can be done via the MORE

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