commission
Definition
A fee charged by a broker or agent for his/her service in facilitating a transaction, such as the buying or selling of securities or real estate. In the case of securities trading, brokers can be split into two broad categories depending on the commissions they charge. Discount brokers charge relatively low commissions, but provide no services beyond executing trades. Full service brokers charge higher commissions, but provide research and investment advisory services.
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Related Terms
load, cost basis, churning, soft dollars, SEC, Commodity Futures Trading Commission, Federal Trade Commission
'commission
' appears in the definitions of these terms on BusinessDictionary.comcommercial agent, load fund, compensation package, purchasing hub, deferred income, and 
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