TC stands for various terms. Discover the full forms, meanings, and possible interpretations of TC across different fields and industries.
That point on which a vessel turns when under helm Any point forward of this will turn in a direction opposite to that of any point abaft it In most vessels of normal form this point lies between 0-3 and 0-4 of vessel's length from forward but much depends on trim.
BusinessLatheMachineTurnover Commission in the Business context is a fee or percentage paid to an intermediary based on the volume of transactions or sales they facilitate. This model incentivizes brokers or agents to maximize the turnover, aligning their interests with those of the business.
This commission structure is widely adopted in sectors with high transaction volumes, such as real estate and stock brokerage, where it serves as a motivational tool for intermediaries. It underscores the importance of performance-based rewards in driving business growth and fostering productive partnerships.
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