Commission Charge

From Open Risk Manual
Revision as of 23:02, 10 February 2020 by Wiki admin (talk | contribs) (Initial Entry)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)


Commission Charge. It is a charge made by a factor for services rendered including receivables management and collection and/or credit protection services. The commission is normally computed as a percentage of the total assigned turnover.