Brokerage vs. Commission
Difference Between Brokerage and Commission
Brokeragenoun
A business, firm, or company whose business is to act as a broker (e.g., stockbroker).
Commissionnoun
A sending or mission (to do or accomplish something).
Brokeragenoun
The commission paid to a broker.
Commissionnoun
An official charge or authority to do something, often used of military officers.
David received his commission after graduating from West Point.Brokeragenoun
a stock broker's business; charges a fee to act as intermediary between buyer and seller
Commissionnoun
The thing to be done as agent for another.
I have three commissions for the city.Brokeragenoun
the business of a broker; charges a fee to arrange a contract between two parties
Commissionnoun
A body or group of people, officially tasked with carrying out a particular function.
the European Commission; the Electoral Commission; the Federal Communications CommissionThe company's sexual harassment commission made sure that every employee completed the on-line course.Brokeragenoun
place where a broker conducts his business
Commissionnoun
A fee charged by an agent or broker for carrying out a transaction.
a reseller's commissionThe real-estate broker charged a four percent commission for their knowledge on bidding for commercial properties; for their intellectual perspective on making a formal offer and the strategy to obtain a mutually satisfying deal with the seller in favour of the buyer.Commissionnoun
The act of committing (e.g. a crime).
the commission, preparation or instigation of an act of terrorismCommissionverb
(transitive) To send or officially charge someone or some group to do something.
James Bond was commissioned with recovering the secret documents.Commissionverb
(transitive) To place an order for (often piece of art)
He commissioned a replica of the Mona Lisa for his living room, but the painter gave up after six months.Commissionverb
(transitive) To put into active service
The aircraft carrier was commissioned in 1944, during WWII.Commissionnoun
a special group delegated to consider some matter;
a committee is a group that keeps minutes and loses hoursCommissionnoun
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 commissionCommissionnoun
the act of granting authority to undertake certain functions
Commissionnoun
the state of being in good working order and ready for operation;
put the ships into commissionthe motor was out of commissionCommissionnoun
a group of representatives or delegates
Commissionnoun
a formal statement of a command or injunction to do something;
the judge's charge to the juryCommissionnoun
an official document issued by a government and conferring on the recipient the rank of an officer in the armed forces
Commissionnoun
the act of committing a crime
Commissionnoun
a special assignment that is given to a person or group;
a confidential mission to Londonhis charge was deliver a messageCommissionverb
put into commission; equip for service; of ships
Commissionverb
place an order for
Commissionverb
charge with a task
