Purchase of Commissions


Purchase of Commissions
   Dr In Loyalist corps, 217.

The makers of Canada. 2014.

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  • purchase system — noun The system by which, before 1871, commissions in the British Army could be bought • • • Main Entry: ↑purchase …   Useful english dictionary

  • Purchase And Sale Statement - P&S — A statement communicating adjustments or transactions affecting the margin of a futures trader. The purchase and sale statement is given to the customer by a Futures Commission Merchant whenever a position in a contract is offset or closed out.… …   Investment dictionary

  • Sale of commissions — The sale of commissions was a common practice in most European armies where wealthy and noble officers purchased their rank. Only the Imperial Russian Army and the Prussian Army never used such a system. The British Army, which used this practice …   Wikipedia

  • Direct Purchase Program — A direct purchase program is a method by which individuals can buy stock in a company directly from that company. The advantage of a direct purchase program is that there is no need to pay any broker fees or commissions. The majority of big… …   Investment dictionary

  • Direct Stock Purchase Plan - DSPP — An investment service that allows individuals to purchase a stock directly from a company or through a transfer agent. Not all companies offer DSPPs and the plans often have restrictions on when an individual can purchase shares. The greatest… …   Investment dictionary

  • Original Cost — The total costs associated with the purchase of an asset. The original cost of an asset takes into consideration all of the costs that can be attributed to its purchase and to putting the asset to use. These costs can include such factors as the… …   Investment dictionary

  • History of the British Army — The history of the British Army spans over three and a half centuries and numerous European wars, colonial wars and world wars. From the early 19th century until 1914, the United Kingdom was the greatest economic and Imperial Power in the world,… …   Wikipedia

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