What does commission split. mean?
commission split. means An agreed upon division of commission income between two entities, such as a travel agency and an outside salesperson.
This acronym/slang usually belongs to Common category.
What is the abbreviation for An agreed upon division of commission income between two entities, such as a travel agency and an outside salesperson.?
An agreed upon division of commission income between two entities, such as a travel agency and an outside salesperson. can be abbreviated as commission split.
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Most popular questions people look for before coming to this page
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What does commission split. stand for? commission split. stands for "An agreed upon division of commission income between two entities, such as a travel agency and an outside salesperson.". |
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How to abbreviate "An agreed upon division of commission income between two entities, such as a travel agency and an outside salesperson."? "An agreed upon division of commission income between two entities, such as a travel agency and an outside salesperson." can be abbreviated as commission split.. |
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What is the meaning of commission split. abbreviation? The meaning of commission split. abbreviation is "An agreed upon division of commission income between two entities, such as a travel agency and an outside salesperson.". |
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What is commission split. abbreviation? One of the definitions of commission split. is "An agreed upon division of commission income between two entities, such as a travel agency and an outside salesperson.". |
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What does commission split. mean? commission split. as abbreviation means "An agreed upon division of commission income between two entities, such as a travel agency and an outside salesperson.". |
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What is shorthand of An agreed upon division of commission income between two entities, such as a travel agency and an outside salesperson.? The most common shorthand of "An agreed upon division of commission income between two entities, such as a travel agency and an outside salesperson." is commission split.. |
Abbreviations or Slang with similar meaning
- agency check. - A check drawn on the business account of a travel agency and bearing the agency's name.
- agent eligibility list. - A list prepared by the travel agency and submitted to ARC or IATAN of agency employees eligible for travel benefits. Also referred to as "the ARC list."
- ARC list. - A list prepared by a travel agency and submitted to ARC or IATAN of agency employees eligible for travel benefits. Also referred to as "the agent eligibility list."
- card mill. - Derogatory term for a travel agency that recruits outside salespeople with the lure of instant travel benefits said to be obtainable with the photo ID card the agency issues.
- constitutional monarchy. - A form of government in which a monarch serves largely as a symbol or figurehead for the country, which an elected body such as a parliament exercises political control over most if not all aspects of
- co-op advertising. - An arrangement in which a supplier underwrites a portion of a travel agency's advertising expenses when such advertising features the supplier's products.
- cruise-only agency. - A travel agency that specializes primarily or entirely in marketing cruise vacations. Such agencies typically do not have an ARC appointment, but may be members of CLIA or NACOA.
- curation. - The act or process of gathering material from a variety of sources and using it for the benefit of a travel agency and/or its custimers. Sometimes referred to as "curating."
- curb appeal. - The positive affect the outward appearance of a building or retail establishment such as a travel agency has on a potential customer viewing it from the street.
- fractional ownership. - A scheme in which a group of people share owenership of an asset such as a jet plane or an apartment. Individual owner have access to the asset in proportion to the amount of their investment. See als
- host agency. - A travel agency that provides booking services to home-based travel agents, operating as independent contractors in exchange for a negotiated share of the resulting commission. For more information, s
- liquidated damages clause. - In a contract between a travel agency and a GDS vendor, a stipulation that should the agency switch vendors before the contract expires, the original vendor will be due payment for the fees it would h
- market share override program. - An enhanced commission system in which a supplier (typically an airline) will pay a travel agency an override only when the agency's percentage of sales of the supplier's product exceeds by a specifie
- negotiated rate. - A price or rate, such as for a hotel room, that has been set through a an agreement between the provider and an entity such as a corporation or government. Negotiated rates apply to a specifically def
- referral agency. - A travel agency using a network of outside sales agents to funnel travel requests to an inside sales force that makes the actual sale. Typically, these agencies seek to recruit as large an outside sal
- tortious interference. - A practice such as a former employee of a travel agency soliciting business from or selling to clients who "belong" to that agency. So called because the action creates a "tort," or wrong, that create
- travel agency. - 1. Usually used in the travel industry to refer to an ARC-appointed storefront retailer. 2. Any business that refers to itself as a travel agency.
- waiver. - 1. A written acknowledgment by a passenger of his or her declining something, as insurance coverage. 2. A document used by a travel agency and signed by the customer indicating that certain forms of i
- wholetailer. - A company that combines the charctyeristics of functions of a wholesaler and a retail travel agency, such as a travel agency that packages tours and provides to other agencies on a wholesale basis.
- shortfall - (DOD) The lack of forces, equipment, personnel, materiel, or capability, reflected as the difference between the resources identified as a plan requirement and those apportioned to a combatant command