The difference between Brokerage and Commission
When used as nouns, brokerage means a business, firm, or company whose business is to act as a broker (e.g., stockbroker), whereas commission means a sending or mission (to do or accomplish something).
Commission is also verb with the meaning: to send or officially charge someone or some group to do something.
check bellow for the other definitions of Brokerage and Commission
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Brokerage as a noun:
A business, firm, or company whose business is to act as a broker (e.g., stockbroker).
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Brokerage as a noun:
The commission paid to a broker.
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Commission as a noun:
A sending or mission (to do or accomplish something).
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Commission as a noun:
An official charge or authority to do something, often used of military officers.
Examples:
"David received his commission after graduating from West Point."
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Commission as a noun:
The thing to be done as agent for another.
Examples:
"I have three commissions for the city."
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Commission as a noun:
A body or group of people, officially tasked with carrying out a particular function.
Examples:
"the European Commission; the Electoral Commission; the Federal Communications Commission"
"The company's sexual harassment commission made sure that every employee completed the on-line course."
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Commission as a noun:
A fee charged by an agent or broker for carrying out a transaction.
Examples:
"a reseller's commission"
"The real-estate broker charged a four percent commission for their knowledge on bidding for commercial properties; for their intellectual perspective on making a formal offer and the strategy to obtain a mutually satisfying deal with the seller in favour of the buyer."
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Commission as a noun:
The act of committing (e.g. a crime).
Examples:
"the commission, preparation or instigation of an act of terrorism"
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Commission as a verb (transitive):
To send or officially charge someone or some group to do something.
Examples:
"James Bond was commissioned with recovering the secret documents."
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Commission as a verb (transitive):
To place an order for (often piece of art)
Examples:
"He commissioned a replica of the Mona Lisa for his living room, but the painter gave up after six months."
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Commission as a verb (transitive):
To put into active service
Examples:
"The aircraft carrier was commissioned in 1944, during WWII."