Commissions
Commissions are fees paid to an individual or company for services rendered, particularly for selling goods or conducting business. They can also refer to official orders or authorizations, the act of entrusting someone with a duty or task, or the group of people officially appointed to undertake a task. commissions are often percentage-based and serve as an incentive for sales performance. Furthermore, 'commissions' can denote the act of committing a crime or an order given to a military officer to start a new unit or project. The exact meaning hinges on the context of its use.
Commissions meaning with examples
- As a real estate agent, Sarah earned substantial commissions on each property she sold, leading to a lucrative career and consistent income. This commission structure incentivized her to work hard and provide excellent service to clients. She was very successful in getting the best deal to meet her client's needs.
- The sales team received commissions based on their individual sales figures, with higher sales volumes resulting in proportionally larger payouts. Each member of the team was motivated by the commission structure to close more deals to maximize their earnings. This helped to increase their annual salaries.
- The artist eagerly awaited payment from gallery owner, who would retain a commission of the sale of each painting. The percentage of the sale she received, made her income consistent and ensured she could make more paintings. She was happy to make a living from her work.
- The government appointed a commission to investigate the widespread allegations of corruption within the police force and to issue a report. They hoped to hold those responsible to account. They knew it would be a difficult job, but a necessary one to restore faith in the community.
- After the war, the officer received his commission to begin organizing the new recruitment program. He was excited and honored by the chance to lead. His task involved coordinating the many moving pieces that would make up this program. The program's success would be an enduring legacy.