term brokerage help what is
Meaning of brokerage (ICM). What is it: business. The amount is specified for the broker, mostly a.

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Definition brokerage (ICM)

BROKERAGE (ICM) title: brokerage (ICM) (SAP Library - Glossary)
BROKERAGE (ICM) category: Incentive & Commission Management, Portfolio Assignment (ICM)
BROKERAGE (ICM) explained:

Remuneration that a broker receives for the brokerage of business. The amount is specified for the broker, mostly a percentage or per mille value of the business that he or she brought. Free-lance brokers (stock exchange, insurance) do not usually have fixed brokerage rates - these are agreed upon individually for each case. The brokerage differs from the acquisition commission in that the same percentage of the contribution or another basis amount is paid yearly throughout the entire duration of the contract. This applies for as long as the contract is valid or the contract customer is paying contributions and the broker is managing the contract (in agreement with the sold-to party). Brokerage is remunerated for a period-based activity.

Example:

An insurance broker provides a life insurance. For this business, the broker receives a brokerage of 40%. If the contract is cancelled during the liability period, the broker must repay the relevant proportion of the brokerage.

More terms such as brokerage (ICM) in Dictionary B.

Manual Business Completion:
Help executed for a maintenance order if no more cost postings are expected. The business completion of a maintenance order results in the following: The maintenance order obtains the status Completed and brokerage (icm) definition.
Manual Benchmark:
Help A reference point of measurement for evaluating best practices, typically a value for a key process performance indicator brokerage (icm) explain.
Manual Budget (PSM-FM-BCS):
Help fiscal year, a plan of expenditures or outlays, containing detailed information on the funds to be provided to specific organizations within a particular timeframe. The budget is defined by using a brokerage (icm) what is.
Manual Business Function Set:
Help A collection of several business functions in a logical unit brokerage (icm) meaning.
Manual Bill Of Exchange Receivable:
Help A bill of exchange as viewed from the perspective of the creditor (drawer brokerage (icm) abbreviation.
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