commission

noun
com·​mis·​sion | \ kə-ˈmi-shən How to pronounce commission (audio) \
plural commissions

Definition of commission

 (Entry 1 of 2)

1a : a formal written warrant granting the power to perform various acts or duties
b : a certificate conferring military rank and authority also : the rank and authority so conferred received a lieutenant's commission in the army
2a : an authorization or command to act in a prescribed manner or to perform prescribed acts : charge a commission to serve as notary public
b : a formal request to produce something (especially an artistic work) in exchange for payment … he found his footing as a Western artist when he received a commission in 1958 to create two … paintings …— William Grimes also : a work produced by commission … the play was a commission of the Guthrie Theatre in Minneapolis … — Sharon Eberson
3a : authority to act for, in behalf of, or in place of another … had summoned all the clans which acknowledged his commission— T. B. Macaulay
b : a task or matter entrusted to one as an agent for another executed a commission for me while he was in Singapore
4a : a group of persons directed to perform some duty The state set up a commission to study the proposed merger of the school districts.
b : a government agency having administrative, legislative, or judicial powers regulatory powers exercised by the Federal Trade Commission
c : a city council having legislative and executive functions She served on the city's water commission.
5 : an act of committing something commission of a crime
6 : a fee paid to an agent or employee for transacting a piece of business or performing a service especially : a percentage of the money received from a total paid to the agent responsible for the business He gets a commission for each car he sells.
7 : an act of entrusting or giving authority the commission of limited powers to the administrator
in commission or into commission
1 : under the authority of commissioners
2 of a ship : ready for active service
3 : in use or in condition for use The Internet connection is back in commission.
on commission
: with commission serving as partial or full pay for work done an artist working on commission
out of commission
1 : out of active service or use The ferry was put out of commission because of the bad weather.
2 : out of working order The elevator was out of commission.

commission

verb
commissioned; commissioning\ kə-​ˈmi-​sh(ə-​)niŋ How to pronounce commissioning (audio) \

Definition of commission (Entry 2 of 2)

transitive verb

1 : to furnish with a commission: such as
a : to confer a formal commission on was commissioned lieutenant
b : to appoint or assign to a task or function was commissioned to do the biography
2 : to order to be made commissioned a portrait
3 : to put (a ship) in commission The ship was commissioned in 2004.

Keep scrolling for more

Examples of commission in a Sentence

Noun She served on the city's water commission. Both states set up commissions to examine their public schools. She gets a commission for each car she sells. The salespeople in that store all work on commission. a weapon used in the commission of a crime Verb A portrait of the queen was commissioned. The magazine commissioned a story about the world's best beaches. The report on poverty was commissioned by the governor. The king commissioned the artist to paint his portrait. She was commissioned in the Navy as a captain. The ship was commissioned in 2004.
See More
Recent Examples on the Web: Noun Christian Pittman, 24, was found guilty of murder during the commission of a felony and lesser offenses, the Summit County Prosecutor’s Office said in a news release. Evan Macdonald, cleveland, "Akron robber convicted in shooting death of man who chased him from apartment," 10 Dec. 2019 Because of the discovery, Delgado Torres was arraigned Monday on additional gun charges, including unlawful possession of a firearm, improper storage of a firearm, and using a motor vehicle in the commission of a felony. BostonGlobe.com, "A Framingham man arrested for driving under the influence in Holliston late last month was arraigned Monday on gun charges after police discovered a handgun while searching his towed car, police said.," 9 Dec. 2019 That position was opposed by most of WADA’s athlete commission. Graham Dunbar, chicagotribune.com, "World Anti-Doping Agency bans Russia from major sporting events for 4 years, including Tokyo Olympics," 9 Dec. 2019 That position is opposed by most of WADA’s athlete commission. Washington Post, "Russia awaits sanctions from World Anti-Doping Agency," 9 Dec. 2019 That position was opposed by most of WADA's athlete commission. Graham Dunbar, Anchorage Daily News, "Russia banned from next two Olympics for doping violations," 9 Dec. 2019 Northam, a Democrat, announced the formation of the commission in June during a ceremonial signing of a bill repealing Jim Crow-era minimum wage exemptions for jobs traditionally held by African Americans, such as ushers and doormen. NBC News, "Virginia panel says racist laws should be purged," 9 Dec. 2019 Now, after 11 weeks of her dominant hand being largely out of commission, Brinkley says that everyday tasks are still a bit of a struggle. Laura Hanrahan, Woman's Day, "Christie Brinkley Says Her 'DWTS' Injury is 'Worse Than I Thought'," 5 Dec. 2019 Currently, Parker is enmeshed in a sea of fine dust particles—so much so that one of its apertures was actually pierced by a tiny, tiny speck of dust and is now out of commission. Jennifer Leman, Popular Mechanics, "What We Just Learned About the Sun from the Fastest Spacecraft Ever," 5 Dec. 2019 Recent Examples on the Web: Verb Shalom’s flamboyant jewelry has been embraced by everyone from Katy Perry, who wears the designer’s diamond candy canes in her Christmas video, to Beyoncé, who commissioned a custom cross for her annual Halloween photos. Janelle Okwodu, Vogue, "Lady Gaga Takes Holiday Bling to New Heights," 6 Dec. 2019 More than a century old, the stunning headpiece was originally commissioned from the jeweler Garrard by Queen Mary in 1913 or 1914 and is a replica of a tiara owned by Mary’s grandmother, Princess Augusta of Hesse. Monique Jessen, PEOPLE.com, "Kate Middleton Is About to Have a Rare Tiara Moment — but Which One Will She Wear?," 6 Dec. 2019 In 1837, Hans Christian Andersen regaled audiences with the tale of a clothes-loving emperor who commissioned a suit made from cloth that would be invisible to anyone not clever enough to see it. Melissa Locker, Smithsonian, "Designers Are Selling Expensive Clothes That Don’t Exist—and People Are Actually Buying Them," 15 Nov. 2019 The school board’s policy committee, which commissioned the draft update, meets again Nov. 4. oregonlive, "Contraband would be kept on-site, parents notified before police interview Portland students under proposed search and seizure policy update," 30 Oct. 2019 Research by the nonprofit Equal Justice Initiative, which commissioned the memorial, documented some 4,400 racial terror lynchings in the United States from 1877 through 1950. Jay Reeves, Twin Cities, "Trump lynching claim renews pain for kin of actual victims," 23 Oct. 2019 The first was to accept the results of a California Environmental Quality Act, or CEQA, study commissioned in May 2017 after the county committee approved on a preliminary basis the transfer petition. Andrew J. Campa, La Cañada Valley Sun, "Transfer of ‘Sagebrush’ territory from Glendale Unified to La Cañada approved by LACOE," 2 Oct. 2019 The Camden Bench, named for the northwest London neighborhood that commissioned them, is purposely made to be uncomfortable. Anne Quito, Quartzy, "Behold, London’s most thrilling public bench," 24 Sep. 2019 Of course, a pantry by the woman who commissioned a custom wall mural to go above her countertop and swathed Ikea cabinets in an ikat print of her design is no stale hideaway. Hadley Keller, House Beautiful, "Michelle Nussbaumer's Fantastical Pink Pantry Is the Stuff of Legend," 17 Sep. 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'commission.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

See More

First Known Use of commission

Noun

14th century, in the meaning defined at sense 1a

Verb

1602, in the meaning defined at sense 1

History and Etymology for commission

Noun

Middle English commissioun "delegated authority, warrant delegating authority," borrowed from Anglo-French commission, borrowed from Medieval Latin commissiōn-, commissiō "commitment, entrusting, grant of authority," going back to Late Latin, "joining, engagement, sin," going back to Latin, "commencement of a game," from committere "to join together, engage, place in the keeping of, entrust, bring about" + -tiōn-, -tiō, suffix of verbal action — more at commit

Verb

derivative of commission entry 1

Keep scrolling for more

Learn More about commission

Time Traveler for commission

Time Traveler

The first known use of commission was in the 14th century

See more words from the same century

Statistics for commission

Last Updated

13 Dec 2019

Cite this Entry

“Commission.” The Merriam-Webster.com Dictionary, Merriam-Webster Inc., https://www.merriam-webster.com/dictionary/in%20commission. Accessed 15 December 2019.

Keep scrolling for more

More Definitions for commission

commission

noun

Financial Definition of commission

What It Is

A commission is a fee paid to an agent as compensation for executing a transaction. It is calculated either as a percentage of the transaction value or as a flat fee.

How It Works

Let's assume you would like to purchase 100 shares of Company XYZ at $35 per share, and your broker charges a 2% commission to make the trade.

The shares themselves would cost $3,500 ($35 x 100 shares), but the broker would also need to be paid for finding someone to sell the shares to you. For their services, they would charge $70 ($3,500 x 2%). The total cost of the transaction would be $3,500 + $70 = $3,570.

Four months later, you decide to sell your XYZ shares. Now selling at $50, you would receive $5,000 ($50 x 100 shares) from the sale. But once again, the brokerage would take 2% ($100), so the actual proceeds from the transaction would total $4,900 ($5,000 - $100).

Although most investors would calculate the profit on the Company XYZ investment as simply the difference between $5,000 and $3,500 (or $1,500 -- +42.85%), the savvy investor takes commissions into account and knows that the actual profit is $4,900 - $3,570 = $1,330 (or +37.25%).

Stock brokers most often come to mind when discussing commissions, but commissions are the major means of compensation for real estate agents, financial advisors, investment bankers, and many others.

Why It Matters

As we demonstrated in the example above, commissions eat into returns and should be considered when making any investment. The Company XYZ investment returned +37.25% after commissions rather than +42.85% -- a full 5.6% of the return went toward paying commissions.

The type of broker you use often dictates the commission you pay. Full-service brokers provide a lot of service in exchange for higher rates. Discount brokers, on the other hand, usually focus on The definition of commission on InvestingAnswersexecuting trades and do little else. Their clients often pay much lower commissions. In either case, commission structures also vary based on other factors like the size of the client's account, the number or size of trades a client makes, the type of trades a client makes, the kind of account the client has, and whether or not the client buys or sells securities online or over the phone.

It is important for investors to understand their trading preferences when evaluating commission structures. Certain fee schedules may be more beneficial for different types of investors and traders.

Source: Investing Answers

commission

noun
How to pronounce commission (audio)

English Language Learners Definition of commission

 (Entry 1 of 2)

: a group of people who have been given the official job of finding information about something or controlling something
: an amount of money paid to an employee for selling something
formal : the act of committing a crime

commission

verb

English Language Learners Definition of commission (Entry 2 of 2)

: to order or request (something) to be made or done
: to order or request (someone) to make or do something
: to make (someone) an officer in the military

commission

noun
com·​mis·​sion | \ kə-ˈmi-shən How to pronounce commission (audio) \

Kids Definition of commission

 (Entry 1 of 2)

1 : an order granting the power to perform various acts or duties : the right or duty to be performed
2 : a certificate that gives military or naval rank and authority : the rank and authority given He received his commission in the army as a captain.
3 : authority to act as agent for another : a task or piece of business entrusted to an agent
4 : a group of persons given orders and authority to perform specified duties a housing commission
5 : an act of doing something wrong the commission of a crime
6 : a fee paid to an agent for taking care of a piece of business

commission

verb
commissioned; commissioning

Kids Definition of commission (Entry 2 of 2)

1 : to give a commission to
2 : to put (a ship) into service

Keep scrolling for more

commission

noun
com·​mis·​sion

Legal Definition of commission

1 : a formal written authorization to perform various acts and duties a notary's commission
2a : 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
3a : a group of persons directed to perform a duty
b usually capitalized : a government agency Federal Trade Commission — see also agency
c : a city council having legislative and executive functions
4 : an act of committing something commission of the crime
5 : a fee paid to an agent or employee for transacting a piece of business or performing a service especially : a percentage of the money received paid to the agent responsible for the business

Other Words from commission

commission transitive verb

Keep scrolling for more

Comments on commission

What made you want to look up commission? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

delight or enjoyment

Get Word of the Day daily email!

Test Your Vocabulary

Great Scrabble Words—A Quiz

  • scrabble tiles that read scrabble quiz
  • Which of the following Q-without-U words means the number five in cards or dice?
Spell It

Can you spell these 10 commonly misspelled words?

TAKE THE QUIZ
Syn City

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!