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term:
Commission
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commission n
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1 : a formal written authorization to perform various acts and duties [a notary's ]
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 usu cap
: a government agency [Federal Trade Commission] see also agency
c : a city council having legislative and executive functions
4 : an act of committing something [ of the crime]
5 : a fee paid to an agent or employee for transacting a piece of business or performing a service
;esp
: a percentage of the money received paid to the agent responsible for the business
commission vt
Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.