What does FYC stand for?

First-Year Commission

This definition appears very rarely and is found in the following Acronym Finder categories:

Business, finance, etc.

Other Resources:

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Forget You Buddy I'm The Sysop (polite form) Franklin Youth Baseball Organization (Franklin, MA) Freeze Your Buns Off Freeze Your Butt Off Find Your Best Place First Year Biology Teaching Development Group (University of Sydney; Australia) Family, Youth and Community Services Farnham Youth Choir (Surrey, England) Fight Your Corner Ltd (UK) Fine Young Cannibals (band)		First-Year Course (colleges) Fitness Yoga Canada For Your Comment For Your Consideration For Your Convenience For Your Country Forever Young Clothes (Brooklyn, NY) Foundation Year Course (Cambodia) Fuel Your Creativity Family and Youth Counseling Agency (Lake Charles, LA)

Samples in periodicals archive:

Tactics such as the financing of new agents and the payment of annualized first-year commissions can have a significant effect on the level and quality of new business produced.

The big picture: enterprise risk management can reveal key pricing ...

AFLAC offers an attractive compensation package with advanced first-year commissions, lifetime level renewal commissions, stock and cash bonuses, and elaborate incentives and trips.

A career for aspiring entrepreneurs

Although the company paid first-year commissions to the agent at the time of sale, 20 percent of the commission remained in escrow to cover charged-back notes, which made the agents liable.

Special markets, special problems

This model usually takes the form of front loaded, first-year commissions, with sales goals based on total-premium-sold targets.

Agents are customers, too: insurers should provide their field forces ...

The deterioration is mainly attributable to the first-year commission expenses of the MPF business, which amounted to HKD 380 million (USD 49 million).

A.M. Best Affirms Rating of HSBC Life -International- Limited

Our culture is about fulfilling people's needs; it's not what my first-year commissions were.

Making the leap: for these life producers, getting to the top ...

First, AFLAC Japan changed its commission structure, offering a first-year commission rate that is 20 percentage points higher than the original contract, but limits the term of renewal commission to 10 years.

Fitch Affirms AFLAC's Ratings

Is it just the agent's first-year commission and subsequent trails?

Coming to a Market Near You: an effective, practical product ...