A commission that is paid by the seller in a transaction to the broker who arranged the sale. This is based upon some type of percentage of the selling price. This allowance usually will refer only to transactions in which the broker does not take possession of the goods that were sold.
Related information about brokerage allowance:
- Brokerage Allowance - The Free Dictionary
a. The act of granting certain powers or the authority to carry out a particular task or duty. b. The authority so granted. c. The matter or task so authorized: ...
- Brokerage Allowance - Legal Dictionary - The Free Dictionary
commission n. 1) a fee paid based on a percentage of the sale made by an employee or agent, as distinguished from regular payments of wages or salary.
- Brokerage Allowance - Financial Dictionary - The Free Dictionary
The fee paid to a broker to execute a trade, based on number of shares, bonds, options, and/or their dollar value. In 1975, deregulation led to the establishment ...
- brokerage allowance Definition | Business Dictionaries from ...
commission paid by the seller in a transaction to the broker who arranged the sale, based upon some percentage of the selling price. A brokerage allowance ...
- What is brokerage allowance? definition and meaning
Definition of brokerage allowance: A commission that is paid by the seller in a transaction to the broker who arranged the sale. This is based upon some type of ...
- What is brokerage? definition and meaning
... brokerage · brokerage supervisor · prime brokerage · brokerage fee · brokerage window · brokerage business · brokerage allowance · brokerage account ...
- Brokerage Allowance: Definition from Answers.com
brokerage allowance Commission paid by the seller in a transaction to the broker who arranged the sale, based upon some percentage of the selling price.
- Discounts and allowances - Wikipedia, the free encyclopedia
Brokerage allowance - From the point of view of the manufacturer, any brokerage fee paid is similar to a promotional allowance. It is usually based on a ...