deferred commission

deferred commission

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

References in periodicals archive ?
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.