Brokerage Allowance

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Definition: Brokerage Allowance

Brokerage Allowance
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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.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/brokerage-allowance/
Modern Language Association (MLA):
Brokerage Allowance. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 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: April 19, 2024).
American Psychological Association (APA):
Brokerage Allowance. PayrollHeaven.com. Retrieved April 19, 2024
, 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.