7 Commission Definition

Commission Definition - Business Communication Words

 

The fee paid for results of some sort, or committee (often official) dedicated to a particular aspect of business.

 

"Our sales force is paid a commission based on the gross amount of their sales. They are contractors, so we must issue them IRS form 1099-MISC at the end of each year if they are paid more than $600USD."

 

"Because we supply services to the county, we often have to provide reports to the County Commission to justify our invoices."

 

"We had to change a few of our practices after the Securities and Exchange Commission decided they weren't compliant with regulations."

 

"To maintain accreditation with the joint commission, our hospital must be prepared for surprise visits that amount to audits."


 

 

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