Under commission-recapture programs, brokers rebate a portion of their commissions to investment managers and clients.

FORBES: U.S. Institute Senior Delegates�� Roundtable Speech (June 7, 2004 )

Another approach to cost reduction can be commission recapture, or entering into rebate agreements with brokers.

FORBES: Pensions and Brokerage: The Brokerage Battlefield Revisited (October 1, 2000)

The Commission and some EU governments want the rebate scrapped.

BBC: EU budget summit opens with hard bargaining

Mr Cameron has stressed the importance of the UK keeping its budget rebate, worth 3.5bn euros in 2011, despite the EU Commission and some EU governments wanting it scrapped.

BBC: EU budget: David Cameron says deal 'not good enough'

The deal says that the European Commission will review all aspects of EU spending, including the CAP and Britain's rebate.

ECONOMIST: Another splendid compromise forged in Brussels | The