What does ORC mean in General Business?
This page is about the meanings of the acronym/abbreviation/shorthand ORC in the Business field in general and in the General Business terminology in particular.
OverRiding Commission
A commission paid to an agent or broker on business sold by subagents in his or her territory. This term can also refer to an amount paid to a ceding company in addition to the acquisition cost to compensate for overhead expenses. source: businessdictionary.com
Submitted by rinat on May 6, 2016
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Definition
What does ORC mean?
- orc(n.)
- (Mythology) A mythical monster of varying descriptions; an ogre.
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How popular is ORC among other acronyms?
ORC#1#1946#12977
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"ORC." Abbreviations.com. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.abbreviations.com/term/1791425>.
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