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   

Business Class VRN MoJ
Refer to drawer Team player Compensation
In loco parentis Re-Enlistment Bonus HTML
Macro environment White Bonnet Shekel
Net income House agency Adversarial
Leasehold Annual bonus Excise Duties
Relative Wage Flexibility Alibi N227 Civil Court form
Official Solicitor Merit Good Taka
E-Zine Closed Economy 24/7/365
ETD Res Objective
Closure Formal Depression N445 Civil Court form
CAFCASS 7Z Rational Decision
Affiliate agreement Ex post facto THX

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 © 2004-2021 Scopulus Limited. All rights reserved.