A commission is a payment or percentage made as compensation for a service or transaction.
It is commonly applied in commercial and financial contexts. For example, in sales or brokerage, an individual or company may receive a commission for each completed sale.
It is also used in banking, where fees are charged for services such as transfers or account maintenance. Commissions can be fixed or variable, depending on prior agreements.
In summary, a commission is a form of remuneration received for carrying out an activity or facilitating a transaction.
