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commissional

 - 6 dictionary results

com⋅mis⋅sion

  [kuh-mish-uhn]
Use commissional in a Sentence
–noun
1. the act of committing or giving in charge.
2. an authoritative order, charge, or direction.
3. authority granted for a particular action or function.
4. a document granting such authority.
5. a document conferring authority issued by the president of the U.S. to officers in the Army, Navy, and other military services, and by state governments to justices of the peace and others.
6. the power thus granted.
7. the position or rank of an officer in any of the armed forces.
8. a group of persons authoritatively charged with particular functions: a parks commission.
9. the condition of being placed under special authoritative responsibility or charge.
10. a task or matter committed to one's charge; official assignment: The architect received a commission to design an office building.
11. the act of committing or perpetrating a crime, error, etc.: The commission of a misdemeanor is punishable by law.
12. something that is committed.
13. authority to act as agent for another or others in commercial transactions.
14. a sum or percentage allowed to agents, sales representatives, etc., for their services: to work on a 20 percent commission.
–verb (used with object)
15. to give a commission to: to commission a graduate of a military academy.
16. to authorize; send on a mission.
17. to give the order that places a warship, military command, etc., in a state of complete readiness for active duty.
18. to give a commission or order for: The owners commissioned a painting for the building's lobby.
—Idioms
19. in commission,
a. in service.
b. in operating order: A great deal of work will be necessary to put this car in commission again.
c. Also, into commission. Navy. (of a ship) manned and in condition for or ordered to active service.
20. on commission, paid entirely or partially with commissions from sales one has made or for work one has done: The salespeople who are on commission earn 6 percent of the total amount they sell.
21. out of commission,
a. not in service.
b. not in operating order: The stove is out of commission.
Origin:
1300–50; ME (< AF) < L commissiōn- (s. of commissiō) a committing. See com-, mission, commit

Related forms:
com⋅mis⋅sion⋅a⋅ble, adjective
com⋅mis⋅sion⋅al, adjective
com⋅mis⋅sive, adjective
com⋅mis⋅sive⋅ly, adverb
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
Cite This Source Link To commissional
com·mis·sion   (kə-mĭsh'ən)   
n.  

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

    2. The authority so granted.

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

    4. A document conferring such authorization.

    5. A group of people officially authorized to perform certain duties or functions: The Federal Trade Commission investigates false advertising.

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

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

    8. The rank and powers so conferred.

    1. A group of people officially authorized to perform certain duties or functions: The Federal Trade Commission investigates false advertising.

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

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

    4. The rank and powers so conferred.

  3. The act of committing or perpetrating: the commission of a crime.

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

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

    2. The rank and powers so conferred.

tr.v.   com·mis·sioned, com·mis·sion·ing, com·mis·sions

  1. To grant a commission to. See Synonyms at authorize.

  2. To place an order for: commissioned a new symphony for the festival.

  3. To put (a ship) into active service.


[Middle English commissioun, from Latin commissiō, commissiōn-, from commissus, past participle of committere, to entrust; see commit.]
com·mis'sion·a·ble adj., com·mis'sion·al adj.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source
Cultural Dictionary

commission

A fee paid to a broker or other financial agent for negotiating a sale. The fee is based on a percentage of the sale price.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source
Word Origin & History

commission 
1344, from L. commissionem (nom. commissio) "delegation of business," from commissus, pp. of committere (see commit).
Online Etymology Dictionary, © 2001 Douglas Harper
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Financial Dictionary

commission

The fee levied by a broker to undertake a trade on behalf of a customer. Because the amount of the commission for a particular trade is no longer fixed, it can vary considerably among firms. See also discount brokerage firm, full-service brokerage firm.

To what degree are brokerage commissions or other fees negotiable?

The ability to negotiate fees and commissions varies from firm to firm. Some firms are very flexible and give the individual advisors and brokers the ability to negotiate fees to some extent. Some firms offer a discount service via the Internet as well as a full service account. The degree of personal service and advice the investor requires will influence the amount of the discount.

George Riles, First Vice President and Resident Manager, Merrill Lynch, Albany, GA

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Legal Dictionary

Main Entry: com·mis·sion
Function: noun
1 : a formal written authorization to perform various acts and duties commission>
2 a : authority to act for, in behalf of, or in place of another b : a task or matter entrusted to one as the agent for another
3 a : a group of persons directed to perform a duty b usually cap : a government agency Commission> —see also AGENCY c : a city council having legislative and executive functions
4 : an act of committing something <commission of the crime>
5 : a fee paid to an agent or employee for transacting a piece of business or performing a service; especially : a percentage of the money received paid to the agent responsible for the business —commission transitive verb
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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