Question

Del-credre commission and over-riding
Commision​

Answer 1

Answer:

Delcredere Commission: To increase the sale and encourage the consignee to make credit sales, consignor provide an additional commission called delcredere commission. Overriding Commission : It is an extra commission allowed by consignor to consignee to promote sales at higher price than invoice price.

Answer 2

Answer:

Del-credre Commission.

The free encyclopaedia. A del crede commission is a commission which is paid as direct commission instead of paying through someone else. Del credere commission is that of a surety who is liable to the principal should the chaser make the default.

Overriding commission.

In insurance and overriding commission is a commission paid by an insured to an agent or managing general agent for train medium volume produced by other agents in a given geographic territory in reinsurance, it is a commission paid to an intimate diary in return for placing a retrocession of reinsurance.