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.
An English flintlock blunderbuss. The blunderbuss is a muzzle-loading firearm with a short, large caliber barrel, which is flared at the muzzle and frequently throughout the entire bore, and used with shot and other projectiles of relevant quantity and/or caliber.