A fee charged by a broker or agent for his/her service in facilitating a transaction, such as the buying or selling of securities or real estate. In the case of securities trading, brokers can be split into two broad categories depending on the commissions they charge. Discount brokers charge relatively low commissions, but provide no services beyond executing trades. Full service brokers charge higher commissions, but provide research and investment advisory services.
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Commission may refer to: Commission (remuneration), a form of payment to an agent for services rendered; Commission (art), the purchase of the creation of a ...
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a : a formal written warrant granting the power to perform various acts or duties. b : a certificate conferring military rank and authority; also : the rank and authority ...
- commission - definition of commission by the Free Online Dictionary ...
a. The act of granting certain powers or the authority to carry out a particular task or duty. b. The authority so granted. c. The matter or task so authorized: ...
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- Commission | Define Commission at Dictionary.com
the act of committing or giving in charge. 2. an authoritative order, charge, or direction. 3. authority granted for a particular action or function. 4. a document ...
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