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Brokerage vs. Commission — What's the Difference?

Brokerage vs. Commission — What's the Difference?

Difference Between Brokerage and Commission

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Compare with Definitions

Brokerage

A firm that acts as a broker, especially in the buying and selling of stocks or other securities.

Commission

An instruction, command, or role given to a person or group
One of his first commissions was to redesign the Great Exhibition building
He received a commission to act as an informer

Brokerage

The business of a broker.

Commission

A group of people entrusted by a government or other official body with authority to do something
A commission was appointed to investigate allegations of police violence

Brokerage

A fee or commission paid to a broker.
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Commission

A sum, typically a set percentage of the value involved, paid to an agent in a commercial transaction
He sold cosmetics on commission
Foreign banks may charge a commission

Brokerage

A business, firm, or company whose business is to act as a broker (e.g., stockbroker).

Commission

A warrant conferring the rank of officer in an army, navy, or air force
He has resigned his commission
She intended to apply for a commission in the army

Brokerage

The occupation of being a broker.

Commission

The action of committing a crime or offence
The commission of an arrestable offence
The errors are of omission rather than commission

Brokerage

The commission paid to a broker.

Commission

Order or authorize the production of (something)
The portrait was commissioned by his widow in 1792

Brokerage

The business or employment of a broker.

Commission

Bring (something newly produced) into working condition
The aircraft carrier was commissioned in 1945
We had a few hiccups getting the heating equipment commissioned

Brokerage

The fee, reward, or commission, given or changed for transacting business as a broker.

Commission

Appoint (someone) to the rank of officer in an army, navy, or air force
He was commissioned into the Royal Fusiliers

Brokerage

A stock broker's business; charges a fee to act as intermediary between buyer and seller

Commission

The act of granting certain powers or the authority to carry out a particular task or duty.

Brokerage

The business of a broker; charges a fee to arrange a contract between two parties

Commission

The authority so granted.

Brokerage

Place where a broker conducts his business

Commission

The matter or task so authorized
Investigation of fraud was their commission.

Commission

A document conferring such authorization.

Commission

A public board or administrative body
The Federal Trade Commission investigates false advertising.

Commission

Often Commission A ruling council within the Mafia that adjudicates family disputes and regulates family activities.

Commission

The act of committing or perpetrating
The commission of a crime.

Commission

A fee or percentage allowed to a sales representative or an agent for services rendered.

Commission

An official document issued by a government, conferring on the recipient the rank of a commissioned officer in the armed forces.

Commission

The rank and powers so conferred.

Commission

To grant a military commission to.

Commission

To grant authority for (something to be made or done); place an order for
Commission a new symphony for the festival.

Commission

To authorize or engage (someone to do something)
Commission an architect to design a building.

Commission

To put (a ship) into active service.

Commission

A sending or mission (to do or accomplish something).

Commission

An official charge or authority to do something, often used of military officers.
David received his commission after graduating from West Point.

Commission

The thing to be done as agent for another.
I have three commissions for the city.

Commission

A body or group of people, officially tasked with carrying out a particular function.
The European Commission
The Electoral Commission
The Federal Communications Commission
The company's sexual harassment commission made sure that every employee completed the on-line course.

Commission

A fee charged by an agent or broker for carrying out a transaction.
A reseller's commission
The 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.

Commission

The act of committing (e.g. a crime or error).
The commission, preparation or instigation of an act of terrorism

Commission

(transitive) To send or officially charge someone or some group to do something.
James Bond was commissioned with recovering the secret documents.

Commission

(transitive) To place an order for (often a piece of art).
He commissioned a replica of the Mona Lisa for his living room, but the painter gave up after six months.

Commission

To put into active service.
The aircraft carrier was commissioned in 1944, during WWII.

Commission

The act of committing, doing, or performing; the act of perpetrating.
Every commission of sin introduces into the soul a certain degree of hardness.

Commission

The act of intrusting; a charge; instructions as to how a trust shall be executed.

Commission

The duty or employment intrusted to any person or persons; a trust; a charge.

Commission

A formal written warrant or authority, granting certain powers or privileges and authorizing or commanding the performance of certain duties.
Let him see our commission.

Commission

A certificate conferring military or naval rank and authority; as, a colonel's commission.

Commission

A company of persons joined in the performance of some duty or the execution of some trust; as, the interstate commerce commission.
A commission was at once appointed to examine into the matter.

Commission

The acting under authority of, or on account of, another.

Commission

To give a commission to; to furnish with a commission; to empower or authorize; as, to commission persons to perform certain acts; to commission an officer.

Commission

To send out with a charge or commission.
A chosen bandHe first commissions to the Latian land.

Commission

A special group delegated to consider some matter;
A committee is a group that keeps minutes and loses hours

Commission

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 commission

Commission

The act of granting authority to undertake certain functions

Commission

The state of being in good working order and ready for operation;
Put the ships into commission
The motor was out of commission

Commission

A group of representatives or delegates

Commission

A formal statement of a command or injunction to do something;
The judge's charge to the jury

Commission

An official document issued by a government and conferring on the recipient the rank of an officer in the armed forces

Commission

The act of committing a crime

Commission

A special assignment that is given to a person or group;
A confidential mission to London
His charge was deliver a message

Commission

Put into commission; equip for service; of ships

Commission

Place an order for

Commission

Charge with a task

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