TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

RISTOURNE COMMISSION [1 record]

Record 1 1998-05-12

English

Subject field(s)
  • Insurance
DEF

That portion of a commission paid by an insurance company to an agent that must be returned in the event a policy is cancelled.

French

Domaine(s)
  • Assurances
DEF

Remboursement de tout ou partie d'une commission perçue.

CONT

Quand une police est résiliée et que la compagnie rembourse la prime non acquise à l'assuré, l'agent doit rembourser à la compagnie la partie correspondante de la commission qu'il a touchée sur l'affaire.

Spanish

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