broker
Definition
Person who serves as a trusted agent or intermediary in commercial negotiations or transactions. Brokers are usually licensed professionals in fields where specialized knowledge is required, such as finance, insurance, and real estate. Their rate of compensation (called brokerage or commission) is determined according to custom of the particular trade or by law, and is computed commonly either as a fixed percentage of the value of the transaction or on a sliding scale (higher the value, lower the percentage).
broker is in the Banking, Commerce & Finance, Commodities & Precious Metals Trading, International Trade & Relations, Real Estate & Buildings and Securities & Futures Trading subjects.
broker appears in the definitions of the following terms:
cyber-mediary,
on margin,
portfolio management,
stop buy order,
at-the-opening order,
overtrading,
market not held order,
buying on margin,
intermediation,
brokerage account
and
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