commission

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commission

1. a government agency or board empowered to exercise administrative, judicial, or legislative authority
2. 
a. the authority given to a person or organization to act as an agent to a principal in commercial transactions
b. the fee allotted to an agent for services rendered
3. US the head of a department of municipal government

Commission

A formal written assignment for a work of art or architecture, for which the designer is paid.

Commission

 

in civil law, a contract according to which one party (the commission agent) is obligated by the commission of another party (the principal) to conclude a transaction (or several transactions) with a third person in his own name and for compensation but in the interests of and at the expense of the principal. Commissions are most common in contracts of selling and buying. Acting in his own name, the commission agent must execute all obligations and realize all rights for the transactions concluded and then turn over to the principal all property received and also all rights in relation to the third person. The agent must be guided by the principal’s instructions; he has the right to deviate from them only in cases where this is called for by the principal’s interests and where the agent was unable to ask the principal in advance or did not receive an answer from him in time. The commission agent is not responsible to the principal for the third party’s performance in the transaction once it is concluded, except in cases where he assumes a special guaranty (del credere).

The commission agent has the right to receive compensation from the principal for performance of the commission. The size of the compensation is determined by agreement of the parties if no other amount has been established by law. In addition, the principal must reimburse the agent for all expenses incurred by him. The agent may take all these sums from the money received by him on behalf of the principal.

In the USSR the commission contract is controlled by the Basic Principles of Civil Law of the USSR and the Union Republics of 1961 and by the civil codes of the Union republics. According to Soviet law, socialist organizations that enjoy the rights of a legal person may act as commission agents if their charters envision such functions. For example, consignment stores carry out the commissions of citizens, based on commission contracts, to sell consumer goods and motor vehicles; consumer cooperative organizations sell farm products on commission from kolkhozes; marketing organizations carry out commissions from enterprises to sell surplus and unused materials and equipment; and foreign trade organizations are commissioned by socialist organizations to purchase goods abroad to be imported.

References in classic literature ?
In one particular it is admitted that the convention have departed from the tenor of their commission.
Had I not known the whole chain of events, or had she not seen how much I was pained and disturbed by her teasing insistency, she would never have thought it worthwhile to soothe me with this frankness--even though, since she not infrequently used me to execute commissions that were not only troublesome, but risky, she ought, in my opinion, to have been frank in ANY case.
His nickname through the wards was 'Little Friend of all the World'; and very often, being lithe and inconspicuous, he executed commissions by night on the crowded housetops for sleek and shiny young men of fashion.
The President shall have Power to fill up all Vacancies that may happen during the Recess of the Senate, by granting Commissions which shall expire at the End of their next session.
Clair went into town rather earlier than usual, remarking before he started that he had two important commissions to perform, and that he would bring his little boy home a box of bricks.
The secret history of Venice for a thousand years is here--its plots, its hidden trials, its assassinations, its commissions of hireling spies and masked bravoes--food, ready to hand, for a world of dark and mysterious romances.
He had a couple of commissions for portraits and proposed to stay in London till the bad light drove him away.
Kutuzov, whom he had overtaken in Poland, had received him very kindly, promised not to forget him, distinguished him above the other adjutants, and had taken him to Vienna and given him the more serious commissions.
Next, standing in the middle of the road, she took a slip of paper from her purse, and read out loud a list of commissions entrusted to her--fruit, butter, string, and so on; and all the time she never spoke directly to Ralph or looked at him.
He said things that no doctor should say to another, but which a politician may well say, and has often said, to another politician--things which cannot bear repeating, if, for no other reason, because they are too humiliating and too little conducive to pride for the average American citizen to know; things of the inside, secret governments of imperial municipalities which the average American citizen, voting free as a king at the polls, fondly thinks he manages; things which are, on rare occasion, partly unburied and promptly reburied in the tomes of reports of Lexow Committees and Federal Commissions.
Deeming this insufficient for purchase of the site and payment of reasonable commissions to themselves, the men in charge of the matter asked for a larger sum, which was readily given.
That may be; but you know how it was decided for Casimir Perier as to age; and as to worldly possessions, des Lupeaulx does possess something,--not much, it is true, but the law does not take into account increase, which he may very well obtain; commissions have wide margins for the deputies of the Centre, you know, and we cannot openly oppose the good-will that is shown to this dear friend.

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