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 It might be outdated or ideologically biased.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 ?
and/or UnitedHealthcare Insurance Co., its subsidiaries and affiliates can't quit paying producer commissions on renewals of certain group health insurance products.
"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.
But all of us must be very pleased regarding the fulfillment of duties of these Commissions and again I must thank the judges and all those who contributed in this regard for their great service rendered while wining the confidence of the general public.
Ennahdha, the parliamentary bloc with the highest number of MPs (69) will chair three permanent commissions: the Industry, Energy, Natural Resources, Infrastructure and Environment Commission, the Agriculture and Food Security Commission and the Commission of Internal Rules, Parliamentary Immunity and Parliament and Election Laws.
This is the first time since 2004 that the independent commissions will be fully operational as per the provisions of 19A.
The Turkish Parliament establishes dozens of research and investigation commissions every year.
Based on the imported data, Easy-Commission will calculate basic commissions, splits, overrides, draw etc.
Central Election Commission member Erik Iriskulbekov proposed to establish the national precinct election commission at the meeting of the working group for development of legislative acts today.This would ensure continuity in work of precinct election commissions and increase responsibility of members of precinct election commissions, he believes.Erik Iriskulbekov said oblast election commissions are duplicating body in fact.
Ordinarily, an employer has no obligation to pay a former at-will employee renewal commissions after the termination of the employment relationship.
Congressional advisory commissions are formal groups established to provide independent advice; make recommendations for changes in public policy; study or investigate a particular problem, issue, or event; or perform a duty.
In the past such commissions have gotten input from a variety of experts and think tanks in crafting recommendations for reforming entitlement programs.

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