What's the difference between brokerage and commission?

Brokerage


Definition:

  • (n.) The business or employment of a broker.
  • (n.) The fee, reward, or commission, given or changed for transacting business as a broker.

Example Sentences:

  • (1) EUCommerce, a brokerage firm representing the seller, told prospective buyers: "If you want to avoid all the red tape for the ambitious and serious project of starting a school, this is a fantastic opportunity.
  • (2) It documents Belfort's activities at the discredited Stratton Oakmont brokerage house in the 1990s, which eventually saw the stockbroker convicted of money-laundering and securities fraud.
  • (3) In New Zealand, Global Brokers NZ said it was closing down as it could no longer meet local regulatory requirements and in New York the US foreign exchange brokerage FXCM was scrambling to raise funds to avert collapse.
  • (4) Being mayor is about being the glue of the town, bringing the right people together, it’s like being a brokerage of partnerships.
  • (5) I met two bankers, Ellen and Deboden who had completed paid internships via the Brokerage Citylink, at Royal Bank of Canada and HSBC respectively, when they left school several years ago.
  • (6) For example, our brokerage service developed with Blackpool council and our Activities Unlimited scheme developed with Suffolk county council are two examples of how the public purse can "save" when disabled people themselves decide, design and determine the support they want.
  • (7) The brokerages would not sell as long as the Shanghai composite remained below 4,500 points.
  • (8) But his problems ballooned when he opted to buy the struggling Wall Street brokerage Merrill Lynch for $50bn in September 2008 in a takeover arranged at lightning speed just as Lehman Brothers was going bankrupt.
  • (9) Our work with partners in Kenya and Sierra Leone suggests that adopting such an approach, underpinned by the concepts of entrustment and brokerage, is essential and can reap benefits.
  • (10) In fact, drawn by the casino-like profits to be made in the boom, more and more small investors flocked to the thousands of brokerage houses that are now proliferating in every Chinese city in order to buy and sell while staring up at flickering electronic data boards charting the rise and fall of equity prices.
  • (11) The City regulator, the FSA, said UBS had colluded with interdealer brokers to influence submissions to the yen Libor rate and that corrupt brokerage payments of thousands of pounds a quarter were made to reward brokers for their efforts to manipulate the Libor submissions of other banks on the Libor panel.
  • (12) Questions are raised about the illegality of such contracts in Britain and the possibility of a Parliamentary Act making brokerage and involvement with such cash transactions a criminal offense.
  • (13) Through Workplace , the largest jobs brokerage service of its kind in the country, more than 22,000 residents have found work.
  • (14) It took barely 10 minutes for a room full of sombre shareholders to deliver the last rites yesterday to Bear Stearns , the 85-year-old Wall Street brokerage once feared for its swashbuckling, high-risk culture of aggression.
  • (15) It took just 48 hours of negotiations for Merrill to bargain away its 94-year history as an independent Wall Street brokerage by agreeing to the all-share deal.
  • (16) It also offers a two year fix at 5.39% for an LTV of up to 80% Despite the certainty of monthly repayment size that they offer, fixed-rate deals have continued to lose popularity – according to mortgage brokerage John Charcol – with variable rates now taking almost two-thirds of the market.
  • (17) It has come to our attention that a number of retail brokerages have announced that this has resulted in them experiencing acute financial pressure.
  • (18) The brokerage cuts its price target for Apple's stock to $700, substantially down from $780, on the expectation of lower iPhone and iPad shipments in the first quarter of 2013.
  • (19) China has arranged a curb on new share issues and enlisted brokerages and fund managers to buy massive amounts of shares, helped by China’s state-backed margin finance company, the China Securities Finance Corporation (CSFC), which in turn has a direct line of liquidity from the central bank.
  • (20) Some of the brokerage customers were frantically punching buttons as if playing on games consoles.

Commission


Definition:

  • (n.) The act of committing, doing, or performing; the act of perpetrating.
  • (n.) The act of intrusting; a charge; instructions as to how a trust shall be executed.
  • (n.) The duty or employment intrusted to any person or persons; a trust; a charge.
  • (n.) A formal written warrant or authority, granting certain powers or privileges and authorizing or commanding the performance of certain duties.
  • (n.) A certificate conferring military or naval rank and authority; as, a colonel's commission.
  • (n.) A company of persons joined in the performance of some duty or the execution of some trust; as, the interstate commerce commission.
  • (n.) The acting under authority of, or on account of, another.
  • (n.) The thing to be done as agent for another; as, I have three commissions for the city.
  • (n.) The brokerage or allowance made to a factor or agent for transacting business for another; as, a commission of ten per cent on sales. See Del credere.
  • (v. t.) To give a commission to; to furnish with a commission; to empower or authorize; as, to commission persons to perform certain acts; to commission an officer.
  • (v. t.) To send out with a charge or commission.

Example Sentences:

  • (1) The secretary of state should work constructively with frontline staff and managers rather than adversarially and commit to no administrative reorganisation.” Dr Jennifer Dixon, chief executive, Health Foundation “It will be crucial that the next government maintains a stable and certain environment in the NHS that enables clinical commissioning groups (CCGs) to continue to transform care and improve health outcomes for their local populations.
  • (2) Roger Madelin, the chief executive of the developers Argent, which consulted the prince's aides on the £2bn plan to regenerate 27 hectares (67 acres) of disused rail land at Kings Cross in London, said the prince now has a similar stature as a consultee as statutory bodies including English Heritage, the Commission for Architecture and the Built Environment and professional bodies including Riba and the Royal Institute of Chartered Surveyors.
  • (3) Using an explicit process, the Oregon Health Services Commission has completed the ranking of 714 condition-treatment pairs.
  • (4) Quoting the BBC-commissioned survey of more than 2,000 adults, Lyons said they had been given six choices what to do with the licence fee surplus once digital switchover was complete.
  • (5) To settle the case, Apple and the four publishers offered a range of commitments to the commission that will include the termination of current agency agreements, and, for two years, giving ebook retailers the freedom to set their own prices for ebooks.
  • (6) It is important for this commission to get to the truth of what happened and it's able to carry on without interference and disruption.
  • (7) We are confident that the European commission’s state aid decision on Hinkley Point C is legally robust,” a spokeswoman for Britain’s Department of Energy and Climate Change said last week.
  • (8) The breakdown of answers to both questions revealed a significant partisan divide depending on people’s voting intention, with Labor supporters much more likely than Coalition backers to see the commission as a political attack and Heydon as conflicted.
  • (9) The £1m fine, proposed during the Leveson inquiry into press standards, was designed to demonstrate how seriously the industry was taking lessons learned after the failure of the Press Complains Commission tto investigate phone hacking at the News of the World.
  • (10) The European commission president, José Manuel Barroso, and the EU council president, Herman Van Rompuy, were both right to brand it unacceptable.
  • (11) The venture capitalist argued in his report, commissioned by the Downing Street policy guru Steve Hilton, in favour of "compensated no fault-dismissal" for small businesses.
  • (12) This is such an emotional thing in positive terms about the EU.” Marek Prawda, Poland’s former ambassador to the EU and now head of the European commission in Warsaw, says: “For us, being an EU member is the inverse of what was said in your referendum campaign about ‘taking back control’.
  • (13) The independent Low Pay Commission will advise on the path future increases should take, taking into account the state of the economy.
  • (14) A government-commissioned review into the RET, headed by the businessman and climate change sceptic Dick Warburton, concluded that while it has largely achieved its aims and helped create jobs in clean energy, it should be either wound back or cut off entirely.
  • (15) The two moves were seen as significant because the Electoral Commission had made clear that secondary legislation, which must be passed before the referendum can be held, should be introduced six months before the referendum.
  • (16) Now US officials, who have spoken to Reuters on condition of anonymity, say the roundabout way the commission's emails were obtained strongly suggests the intrusion originated in China , possibly by amateurs, and not from India's spy service.
  • (17) The commission heard AWH charged luxury accommodation in Queensland, limousine rides and Liberal party donations to Sydney Water.
  • (18) The European commission has three official "procedural languages": German, French and English.
  • (19) Outside of human resources matters, they cover changes to services; reconfiguration of services; deciphering all the rules and regulations so that people can do their jobs; interpreting the complicated rules around commissioning care; commercial deals; inquests and dealing with families; and supporting clinical staff in making the right decision in the best interest of the patient.
  • (20) There, the US Joint Commission, an independent, non-profit organisation that accredits healthcare organisations and programmes has issued a standard on “behaviours that undermine a culture of safety” to tackle “intimidating and disruptive behaviour at work”.

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