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Function and Commission

noun

  • Mathematics) a mathematical relation such that each element of a given set (the domain of the function) is associated with an element of another set (the range of the function. ()
  • What something is used for.
    • usage: "the function of an auger is to bore holes"; "ballet is beautiful but what use is it"
  • The actions and activities assigned to or required or expected of a person or group.
    • usage: "the function of a teacher"; "the government must do its part"; "play its role"
  • A relation such that one thing is dependent on another.
    • usage: "height is a function of age"; "price is a function of supply and demand"
  • A formal or official social gathering or ceremony.
    • usage: "it was a black-tie function"
  • A vaguely specified social event.
    • usage: "the party was quite an affair"; "an occasion arranged to honor the president"; "a seemingly endless round of social functions"
  • A set sequence of steps, part of larger computer program.

verb

  • Perform as expected when applied.
    • usage: "The washing machine won't go unless it's plugged in"; "Does this old car still run well"; "This old radio doesn't work anymore"
  • Serve a purpose, role, or function.
    • usage: "The tree stump serves as a table"; "The female students served as a control group"; "This table would serve very well"; "His freedom served him well"; "The table functions as a desk"
  • Perform duties attached to a particular office or place or function.
    • usage: "His wife officiated as his private secretary"

noun

  • A special group delegated to consider some matter."a committee is a group that keeps minutes and loses hours" - Milton Berle
  • A fee for services rendered based on a percentage of an amount received or collected or agreed to be paid (as distinguished from a salary. )
    • usage: "he works on commission"
  • The act of granting authority to undertake certain functions.
  • The state of being in good working order and ready for operation.
    • usage: "put the ships into commission"; "the motor was out of commission"
  • A group of representatives or delegates.
  • A formal statement of a command or injunction to do something.
    • usage: "the judge's charge to the jury"
  • An official document issued by a government and conferring on the recipient the rank of an officer in the armed forces.
  • The act of committing a crime.
  • A special assignment that is given to a person or group.
    • usage: "a confidential mission to London"; "his charge was deliver a message"

verb

  • Put into commission; equip for service; of ships.
  • Place an order for.
  • Charge with a task. .

Securities brokers and other sales agents charge a' Commission', or sales charge on each transaction. With traditional, full-service brokers, the charge is usually a percentage of the total cost of the trade, though some brokers may offer favorable rates to heavy traders. Online brokerage firms, on the other hand, usually charge a flat fee for each transaction, regardless of the value of the trade. The flat fee may have certain limits, however, such as the number of shares being traded at one time. The commissions on some transactions, such as stock trades, are reported on your confirmation slip. But commissions on other transactions are not reported separately. In the case of cash value life insurance, for example, the commission may be as larage as a year's premium.