Define: Overriding Commission

Business, Legal & Accounting Glossary

Definition: Overriding Commission

What is the dictionary definition of Overriding Commission?

Dictionary Definition

A commission paid to an agent or broker on business sold by subagents in his or her territory. This term can also refer to an amount paid to a ceding company in addition to the acquisition cost to compensate for overhead expenses.


Full Definition of Overriding Commission

In insurance, an overriding commission is a commission paid by an insurer to an agent or managing general agent for premium volume produced by other agents in a given geographic territory. In reinsurance, it is a commission paid to an intermediary in return for placing a retrocession of reinsurance.


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
Modern Language Association (MLA):
Overriding Commission. Payroll & Accounting Heaven Ltd. April 09, 2020
Chicago Manual of Style (CMS):
Overriding Commission. Payroll & Accounting Heaven Ltd. (accessed: April 09, 2020).
American Psychological Association (APA):
Overriding Commission. Retrieved April 09, 2020, from website:

Definition Sources

Definitions for Overriding Commission 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: 19th January, 2020