How Do You Define Overriding Commission?
Overriding Commission means: In the case of insurance, the commission pays the agent or general managing agent through the insurance company for the amount of premium paid by other agents in a geographical area. A commission is paid to a seller in exchange for insurance payments.
Definition of Overriding Commission: The commission is paid to the agent's office manager based on the activities performed by the agent working in the office.
Literal Meanings of Overriding Commission
Meanings of Overriding:
More important than any other consideration.
Lie down or move, especially when in close contact.
Sentences of Overriding
You urgently need advice
Marine lithosphere beneath dominant continental plates
Synonyms of Overriding
most prominent, first, major, prevailing, highest, supreme, of supreme importance, dominant, foremost, main, primary, top, chief, paramount, pre-eminent, predominant, uppermost, essential, of greatest significance, first and foremost
Meanings of Commission:
Directing, mandating or assigning an individual or a group of individuals.
A group of people is formally assigned to a specific role.
In business transactions, an amount of money, usually a fixed percentage of its value, is paid to the agent.
The court ordered that the rank of officer of the army, navy or air force be established.
Operate (something recently developed, such as a factory or machine).
Sentences of Commission
Get commissions for activities as an informant
We had some trouble turning on the heater.
Appointed after studying in aspiring school
Synonyms of Commission
honorarium, project, perpetration, execution, contract for, percentage, bonus, convocation, committing, fee, board, solution, endeavour, exercise, panel, advisorate, mission, board of commissioners, enterprise, brokerage, work, committal, piece of work