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Finance Dictionary and Glossary of Investment Terms
An individual who is paid a commission for executing customer orders. Either a floor broker who executes orders on the floor of the exchange, or an upstairs broker who handles retail customers and their orders. Also, person who acts as an intermediary between a buyer and seller, usually charging a commission. A "broker" who specializes in stocks, bonds, commodities, or options acts as an agent and must be registered with the exchange where the securities are traded. Antithesis of dealer.
1. An individual or firm that charges a fee or commission for executing buy and sell orders submitted by an investor.2. The role of a firm when it acts as an agent for a customer and charges the customer a commission for its services.3. A licensed real estate professional who typically represents the seller of a property. A broker's duties may include: determining market values, advertising properties for sale, showing properties to prospective buyers, and advising clients with regard to offers and related matters.
An individual or firm which acts as an intermediary between a buyer and seller, usually charging a commission. For securities and most other products, a license is required.
An individual or firm who acts as an intermediary between a buyer and seller, usually charging a commission. (See dealer)