DEFINITION of 'Commission'. A service charge assessed by a broker or investment advisor in return for providing investment advice and/or handling the purchase or sale of a security.Most major, full-service brokerages derive most of their profits from charging commissions on client transactions.n the other hand, full-service brokerages offer a more personalized service, but commissions are much higher. However, when commission is charged there is the potential for a conflict of interest to develop between brokerages and their clients.
2. the mouth, or end for discharge, of the barrel of a gun, pistol, etc. 3. a device, usu. an arrangement of straps or wires, placed over an animal's mouth to prevent the animal from biting, eating, etc. 4. to put a muzzle on (an animal or its mouth). 5. to restrain from speech, the expression of opinion, etc.
In firearms, a choke is a tapered constriction of a shotgun barrel's bore at the muzzle end.Chokes are almost always used with modern hunting and target shotguns, to improve performance. Their purpose is to shape the spread of the shot in order to gain better range and accuracy.n the case of choke tubes, the amount of choke for each barrel is usually stamped on the side of the choke tube, or there may be thin slots cut in the exposed rim of the tube at the barrel opening with the number of slots corresponding to the number of *'s in this table.