Double Commission
Type: noun
Pronunciation: /dub-ul-kuh-mish-un/
Also spelled or known as: Dual Commission
Plural: Double Commissions
Related: Commission
What does Double Commission mean? Two separate commissions paid in connection with the same transaction, booking, or agreement.
Double commissions may occur when multiple representatives, agents, or intermediaries are contractually entitled to compensation.
Double Commission synonyms: Dual Commission, Multiple Commission
Example sentence: “The contract avoided double commission by clearly defining each agent’s role.”
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