BROKERAGE (ICM) title: brokerage (ICM) (SAP Library - Glossary)
BROKERAGE (ICM) category: Incentive & Commission Management, Portfolio Assignment (ICM)
BROKERAGE (ICM) explained:
Remuneration for an insurance broker for arranging and/ or managing insurance contracts.
Brokerage is different from acquisition commission in that it is paid each year as a fixed percentage of the premium or other base amount throughout the whole life of the insurance contract. It is paid out for as long as the insurance contract is valid, the policyholder pays the premiums, and the insurance broker manages the contract as agreed with the insurance company.
More terms such as brokerage (ICM) in Dictionary B.
- Manual Business Dimension:
- Help Process-differentiating characteristic (such as partner type), that has several characteristic values (such as ISV, VAR), one or more of which distinctly describe a selected business process brokerage (icm) definition.
- Manual BI Document Repository Manager:
- Help Tool in Knowledge Management of SAPNetWeaver Portal. The BI Document Repository Manager regulates read and write access to documents that are stored in the BI system brokerage (icm) explain.
- Manual Billing Due List Item:
- Help An entry in the billing due list that corresponds to a billable transaction brokerage (icm) what is.
- Manual Bin Access Type:
- Help A resource type qualification. Each bin access type reflects a resource type's ability to access stock located in a specific type of physical area in the warehouse. Example Level 1 brokerage (icm) meaning.
- Manual Base Object Explosion (CO-PC):
- Help A unit costing function that replaces base planning items with the costing items from the relevant base object cost estimates brokerage (icm) abbreviation.
