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   

QR code Forex Accounting method
Public Key Infrastructure - PKI 24/7/365 Supply Chain
Net income Contributions Agency Intestate
N434 Civil Court form Principal Place of Business Algorithm
Ogden tables Kerning Quaeitur
Cold Wallet Business Entertainment Yuppie
VIES Know your client Backdoor
Administratrix Period Entry Overtime
Tariff Interest rate risk Artificial Intelligence
Consignee Trailers Excise Duties
CVC Free Zone Goods Bank Wire
Business Promotion Scheme Liquid Assets Crown Copyright Waiver
Objects clause Payback Pleadings

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.