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
Collins Discovery Encyclopedia, 1st edition © HarperCollins Publishers 2005

Commission

A formal written assignment for a work of art or architecture, for which the designer is paid.
Illustrated Dictionary of Architecture Copyright © 2012, 2002, 1998 by The McGraw-Hill Companies, Inc. All rights reserved
The following article is from The Great Soviet Encyclopedia (1979). It might be outdated or ideologically biased.

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.

The Great Soviet Encyclopedia, 3rd Edition (1970-1979). © 2010 The Gale Group, Inc. All rights reserved.
References in periodicals archive ?
The commission agreed today that the Economics Ministry's documents would be analyzed for two weeks, and to await the ministry's answers to the commission's additional questions.
* Simply reclassifying what is properly a commission to a fee does not actually convert the commission into another vehicle or relieve the insurer of its obligation to reflect the commission in its schedule or include it in its premium rate.
The secretary complained that the commission does not have off days even on Saturdays and Sundays.
The first incident occurred in Isiala Ngwa South LGA office of the Commission in Abia State on Saturday, Feb.
The Commission has conducted 547 hearings, 239 hearings in Islamabad, 33 in Lahore and 208 in Karachi and 67 hearings in Quetta during December 2018.
"LSK has listed about 20 commissions as well as government departments and offices which were part of the executive order issued earlier this month.They were placed under Cabinet Secretaries for Interior, education, lands as well as Public Service, Youth and Gender.
Talking to The Nation, senior lawyer and former law minister SM Zafar said Pakistan Commission of Inquiry Act, 1956, is a law under which commissions are made, adding the government has the power to form any commission under this law.
He said, the Commission has submitted a full report covering the period 2015 and 2016, comprising 1257 pages and it is not an interim report.
"We are not angry with the Railroad Commission. We think in a lot of ways, they do a really good job.
Third-ranking Al-Horra (27 MPs) will chair the Rights, Liberties and External Relations Commission, while the Popular Front's deputies at the HPR will have the Health and Social Affairs Commission.
Dharmasena Dissanayake has been recommended as the Chairman of the Public Service Commission (PSC).
Mehmet ElkatmyE-, who formerly chaired a parliamentary commission investigating the Susurluk accident of 1996 -- which exposed links between the Turkish state, the criminal underworld and the Turkish security forces -- claimed that the reason why the investigation commissions work cannot be completed is because of the concept of the "state secret." According to ElkatmyE-, commissions are often hindered because the questions commissions put to institutions or individuals are sometimes not answered, as the answers are claimed to be state secrets.

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