percentage commission

percentage commission
The commission of a broker calculated upon a certain percentage of the price obtained for the customer in a transaction negotiated by the broker. 12 Am J2d Brok § 161.

Ballentine's law dictionary. . 1998.

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  • commission — com·mis·sion n 1: a formal written authorization to perform various acts and duties a notary s commission 2 a: authority to act for, in behalf of, or in place of another b: a task or matter entrusted to one as the agent for another 3 a: a group… …   Law dictionary

  • percentage — I noun allotment, commission, contingent, factorage, fraction, interest, moiety, part, percent, portion, proportion, quota, rate per hundred, ratio, ration, share II index commission (fee), moiety, part (por …   Law dictionary

  • commission — [kə mish′ən] n. [ME & OFr < ML commissio, delegation of business (in L, a bringing together in a contest) < L commissus, pp. of committere: see COMMIT] 1. a) an authorization to perform certain duties or tasks, or to take on certain powers… …   English World dictionary

  • commission — [n1] task, duty agency, appointment, authority, brevet, certificate, charge, consignment, delegation, deputation, diploma, embassy, employment, errand, function, instruction, legation, mandate, mission, obligation, office, permit, power of… …   New thesaurus

  • Percentage — Per*cent age, n. [Per cent + age, as in average. See {Per}, and {Cent}.] (Com.) A certain rate per cent; the allowance, duty, rate of interest, discount, or commission, on a hundred. [1913 Webster] …   The Collaborative International Dictionary of English

  • percentage compensation — index commission (fee) Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • percentage — [n] portion, allotment allowance, bite, bonus, chunk, commission, corner*, cut, discount, division, duty, fee, holdout, interest, juice*, payoff, percent, piece, piece of the action*, points*, proportion, quota, rate, ratio, section, slice*,… …   New thesaurus

  • percentage — ► NOUN 1) a rate, number, or amount in each hundred. 2) a proportion of a larger sum of money granted as an allowance or commission. 3) any proportion or share in relation to a whole …   English terms dictionary

  • commission — I. /kəˈmɪʃən / (say kuh mishuhn) noun 1. 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 or warrant granting authority to act in a …  

  • percentage — noun ADJECTIVE ▪ considerable, high, huge, large, overwhelming, significant, sizeable, substantial ▪ The area has a high percentage of unemployed men …   Collocations dictionary

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