Business Terms and Jargon Explained

What is Commission

Commission is a structure of pay that is performance related. This may be given as a percentage or a fixed sum when targets levels are reached. Sales staff is usually paid on a commission bases. A small basic may be given and they can increase their salary by meeting targets where they get a percentage of the sales.

Commissions are given as an incentive to reach targets and the best performers are rewarded with more money in commissions.

<- Go Back
Business Terms Home page

Search Jargon and Terms Database

A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z

Search Term   

Old Lady of Threadneedle Street Principal Kuna
Kopek Customer Per minas
Accruals Basis Budget Customs Duties
Ngultrum Bandwidth UK
Kina Compensation Mens rea
Take Out Transposition - EU Realisable property
ECDSA Gaap Barter
Beneficial loan Cancellation Period Hryvnia
IMHO Business Objects Merit Good
Term deposit Yo-yo stock Actuary
MINT Temporary Importation
Institutional Capacity Product Market Flexibility Loti
Know your client Tax Form - CT600 Faucet

Term created / updated 2005-07-16 23:12:15

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms and jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.

Copyright © 2004-2020 Scopulus Limited. All rights reserved.