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单词 overriding commission
释义

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overriding commission
overriding commission n. Business an extra or additional commission, esp. paid to someone who acts as a mediator in obtaining business through subordinate agents, junior staff, etc.; also called override commission (see override n. 1).
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society > trade and finance > fees and taxes > payment for labour or service > fee for services rendered > [noun] > commission > types of
dastur1680
dasturi1681
fittage1708
spiffs1859
overriding commission1893
override1934
1893 A. Conan Doyle Stockbroker's Clerk in Strand Mag. 5 284/1 You are to have an over-riding commission of 1 per cent. on all business done by your agents.
1930 A. Palmer Company Secretarial Pract. 47 Companies frequently pay ‘overriding’ commission also. This is a commission paid to persons for procuring other persons who are willing to underwrite blocks of shares.
1986 Jrnl. Risk & Insurance 53 265 (note) A receiving reinsurer pays to a ceding reinsurer an ‘over-riding’ commission.
extracted from overridingadj.
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