Click here to add us to your favorites




commission

Definition 1

Mutually agreed upon, or fixed by custom or law, fee accruing to an agent, broker, or salesperson for facilitating, initiating, and/or executing a commercial transaction.

Definition 2

Formal body comprising of one or more experts formed on an ad hoc or continuing basis to address, debate, and/or exhaustively investigate matters within the expertise of its members or within the scope of the commission's mandate. Unlike councils, commissions may have advisory, quasi-judicial, or regulatory powers.

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z