{
  "$schema": "http://json-schema.org/draft-07/schema#",
  "$ref": "#/definitions/CommissionTier",
  "definitions": {
    "CommissionTier": {
      "type": "object",
      "properties": {
        "lossRatioFrom": {
          "type": "number",
          "description": "Lower bound of the loss ratio range (inclusive)"
        },
        "lossRatioTo": {
          "type": "number",
          "description": "Upper bound of the loss ratio range (exclusive)"
        },
        "percentage": {
          "type": "number",
          "description": "Commission percentage for this tier"
        }
      },
      "required": [
        "percentage"
      ],
      "additionalProperties": false,
      "description": "A tier in a sliding-scale commission arrangement. Commission percentage varies based on loss ratio performance."
    }
  },
  "$id": "https://bind-standard.org/schema/CommissionTier",
  "title": "CommissionTier"
}