Meaning COMMISSION: The fee paid to a broker to execute a trade, based on number of shares, bonds, options, and/or their dollar value. In 1975, deregulation led to the establishment of discount brokers, who charge lower commissions than full service brokers. Full service brokers offer advice and usually have a staff of analysts who follow specific industries. Discount brokers simply execute a client's order and usually do not offer an opinion on a stock. Also known as a round-turn
More terms such as Commission in Dictionary C.
- Definition Crossed Trade:
- Examples The prohibited practice of offsetting buy and sell orders without recording the trade on the exchange, thus not allowing other traders to take advantage of a more favorable price commission definition.
- Definition Canadian Agencies:
- Examples Agency banks established by Canadian Banks in the U.S commission explain.
- Definition Committee On Uniform Securities Identification Procedures (CUSIP):
- Examples Committee that assigns identifying numbers and codes for all securities. These CUSIP numbers and symbols are used when recording all buy or sell orders commission what is.
- Definition Captive Finance Company:
- Examples A company, usually a subsidiary that is wholly owned, whose main function is financing consumer purchases from the parent company commission meaning.
- Definition Constant-Growth Model:
- Examples Also called the Gordon-Shapiro model, an application of the dividend discount model that assumes (1) a fixed growth rate for future dividends, and (2) a single discount rate commission abbreviation.
