Business and Personal Finance Dictionary

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• ONE-HUNDRED-PERCENT COMMISSION PLAN
  
  Some firms have adopted a 100 percent commission plan. Salespersons in these offices pay a monthly service charge to their brokers to cover the costs of office space, telephones and supervision in return for keeping 100 percent of the commissions from the sales they negotiate. The 100 percent commission salesperson pays all of his or her own expenses.
  
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