Commission

An amount, usually a percentage of the property sales price, that is collected by a real estate professional as a fee for negotiating the transaction..

Source: U.S. Department of Housing and Urban Development

(1) The charge made by a futures commission merchant for buying and selling futures contracts; or (2) the fee charged by a futures broker for the execution of an order. Note: when capitalized, the Commission usually refers to the CFTC.

Source: Commodity Futures Trading Commission

Last reviewed October 2022