Outrageously Funny Word Dictionary :: Commissionate

👉 Commissionate is a term used in accounting and finance to denote an amount of money paid by one party to another for the services rendered by the latter. It is typically expressed as a percentage of the value of goods or services provided, but can also be applied to any type of transaction between two parties. For example, if a company sells goods to a customer at a commission rate of 5%, this means that every dollar spent on goods by the customer represents an amount of $0.50

commissionate

👉 Commissioned

commissionated