commission
Money paid to and earned by a mortgage broker or real estate agent for their role in negotiating the loan or other real estate transaction.
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The following dictionary definition list is provided for clarification only. Note that many definitions are not directly applicable to mortgages, loans or other financial terminology in this glossary. Used with permission: WordNet 2.1 Copyright 2005 by Princeton University. All rights reserved.
commission
Noun: committee, commission (a special group delegated to consider some matter) "a committee is a group that keeps minutes and loses hours" - Milton Berle
Noun: commission (a fee for services rendered based on a percentage of an amount received or collected or agreed to be paid (as distinguished from a salary)) "he works on commission"
Noun: commission, commissioning (the act of granting authority to undertake certain functions)
Noun: commission (the state of being in good working order and ready for operation) "put the ships into commission"; "the motor was out of commission"
Noun: deputation, commission, delegation, delegacy, mission (a group of representatives or delegates)
Noun: commission, charge, direction (a formal statement of a command or injunction to do something) "the judge's charge to the jury"
Noun: commission, military commission (an official document issued by a government and conferring on the recipient the rank of an officer in the armed forces)
Noun: perpetration, commission, committal (the act of committing a crime)
Noun: mission, charge, commission (a special assignment that is given to a person or group) "a confidential mission to London"; "his charge was deliver a message"
Verb: commission (put into commission; equip for service; of ships)
Verb: commission (place an order for)
Verb: commission (charge with a task)
- commission -
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