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Provision

commission

noun pro-vi-ZYOHN Rare
People & Society Work

Origin: from Latin provisio

Also means

sales commission

Usage Note

Provision is a performance-related commission paid on top of a base salary, typical in sales, real estate, and insurance. A purely commission-based arrangement is called reines Provisionsmodell.

Examples

"Der Verkäufer erhält eine Provision von fünf Prozent auf jeden Abschluss."

Natural Translation

The salesperson receives a five percent commission on every deal.

Literal Translation

The salesperson receives a commission of five percent on every deal.

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