Brokerage Allowance

Business, Legal & Accounting Glossary

Definition: Brokerage Allowance


Brokerage Allowance


Full 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 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.


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https://payrollheaven.com/define/brokerage-allowance/
Modern Language Association (MLA):
Brokerage Allowance. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 29, 2021 https://payrollheaven.com/define/brokerage-allowance/.
Chicago Manual of Style (CMS):
Brokerage Allowance. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/brokerage-allowance/ (accessed: November 29, 2021).
American Psychological Association (APA):
Brokerage Allowance. PayrollHeaven.com. Retrieved November 29, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/brokerage-allowance/

Definition Sources


Definitions for Brokerage Allowance are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.