deferred commission

deferred commission

A real estate commission paid at a later date or over time.See residual.

References in periodicals archive ?
(5) During the first quarter of fiscal 2020, the Company recorded deferred commission expense acquired but not recognized due to business combination accounting rules of approximately of $5 million.
"During the first quarter of 2018, we will record a cumulative adjustment to retained earnings which is primarily related to two items: 1) net contract assets arising from our open wireless subsidy contracts, which will be derecognized as a net reduction to future service revenue over the remaining term of the respective contracts and, 2) deferred commission costs, which will be recognized as commission expense as part of selling, general and administrative expense over the period of expected benefit," Verizon said.
He said that 2019 quarterly EPS will vary from historical trends, reflecting the addition of Time Warner and the effects of prior accounting standards changes, including the amortization of deferred commissions and installation costs, but that these were considered in the companys full-year guidance.