Meaning SPLIT COMMISSION: A commission shared between a broker and a financial adviser or other professional who brought the customer to the broker
More terms such as Split commission in Dictionary S.
- Definition Securities Loan:
- Examples The loan of securities between brokers, often to cover a client's short sale; or a loan secured by marketable securities split commission definition.
- Definition Stop-Limit Order:
- Examples A stop order that designates a price limit. Unlike the stop order, which becomes a market order once the stop is reached, the stop-limit order becomes a limit order split commission explain.
- Definition Start-Up:
- Examples The earliest stage of a new business venture split commission what is.
- Definition Shopping:
- Examples Seeking to obtain the best bid or offer available by calling a number of dealers and/or brokers split commission meaning.
- Definition Sales Forecast:
- Examples A key input to a firm's financial planning process. External sales forecasts are based on historical experience, statistical analysis, and consideration of various macroeconomic factors split commission abbreviation.