"Net of commission" basis is where the quoted premium is reduced by an amount proposed to be the insurance agent's (or insurance broker's) commission.
commission is the money paid to a salesman each time a sale is made.
the term commission means the amount of money you earn
Federal Communications Commission
The brokers commission means that if he finds a house for you costing say, 50,00000 rupees value. Then he will charge a 2percent of the whole amount as his commission.
In insurance, it is the policy premium without the producer or broker's commission. So, if your premium is $100,000 and commission is 7%, Gross Written Premium is $107,000. Your premium net of commission is $100,000.
In the US, it can also mean the Interstate Commerce Commission
I presume you mean the US Atomic Energy Commission? This was broken into two parts: the promotional aspects to be handled by the Department of Energy, and the regulatory aspects by the National Regulatory Commission (see www.nrc.gov)
When a sales person works 'on commission', that person's earnings are directly tied to the amount of goods, services or products that the sales person can sell.
Great lakes commission?
Commission Payable is Commission that you pay, Commission Receivable is Commission someone is paying you.
لجنة شرطه (Arabic) means Police Commission.