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COMMISSIONS

See commisssion; a fee paid in compensation for having effectuated something occurring, such as being paid a percentage of a sale as a result of being responsible for making the sale occur.

Law Dictionary – Alternative Legal Definition

The compensation or reward paid to a factor, broker, agent, bailee, executor, trustee, receiver, etc., when the same is calculated as a percentage on the amount of his transactions or the amount received or expended. See COMMISSION.

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