Agency Commission

Agency Commission

1. A fee that an advertising agency charges a client for the services it provides. This is usually a percentage of the costs the agency incurs in the process of providing the services.

2. A discount that a broadcaster gives an advertising agency for bringing in advertisers. Because the agency acts as an intermediary and saves the broadcaster the time and expense of finding clients, the broadcaster usually gives the agency a 15% discount.
References in periodicals archive ?
The investigation reveals that the advertising agencies paid lower prices to TV channels and claimed much higher amounts, even though they were entitled to just 15 per cent agency commission against the total bill.
The road is also in the use of heavy vehicles of Pakistan Atomic Energy Agency Commission and a large number of oil tankers also get filled at an oil depot located near railway crossing", he added.
A World Anti-Doping Agency commission called for a life ban for lab director Grigory Rodchenkov after he was accused of covering up positive doping tests, extorting money from athletes and destroying 1417 samples.
In a shocking revelation, hundreds of nurses from the state, who were expected to pay a mere Rs19,500 (Dh1,149) as approved agency commission for nursing jobs in Kuwait were conned into paying Rs1.
The Geology and Mineral Resources Agency commission on subsoil use has approved on January 14 the request of the Zhong Ji Mining company on extension of its license for gold exploration on Buchuk area in Naryn region.
Fees / commission income is showing increase of 6% despite downward revision in agency commission as lower rate was offset through higher volumes.
25 April 2013 -- Boston-based private equity firm HIG Capital LLC said that its affiliate has completed the acquisition of hotels to travel agency commission processor Pegasus Financial Services from Pegasus Solutions Inc.
Previously, he has served as chief innovation officer at Ciba and is currently employed at Swiss Federal Agency Commission for Technology and Innovation, or CTI.
US-based IT services firm Keane Inc announced on Monday a three-year contract renewal with Pegasus Solutions, a provider of central reservation systems and support, electronic hotel distribution, hotel representation and agency commission processing.
2 per cent of its beaches complying with all obligatory standards on beach water quality in the annual report published by the European Commission and European Environmental Agency Commission which monitors the quality and cleanliness of beaches in the 27 member countries.
In this case, the appliance company realized the full economic benefit of the product given up (wholesale value rather than liquidation value), an added $700,000 of value beyond liquidation value, while it still provided for full agency commission or fee.