Meaning BROKER: 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
More terms such as Broker in Dictionary B.
- Definition Bought Deal:
- Examples Security issue in which one or two underwriters buy the entire issue broker definition.
- Definition Bond Buyer'S Municipal Bond Index:
- Examples A municipal bond price tracking index published daily by the Bond Buyer broker explain.
- Definition Bearer Share:
- Examples registered on the books of the issuing corporation and thus payable to possessor of the shares. Negotiable without endorsement and transferred by delivery, thus avoiding some of the control broker what is.
- Definition Buy On Margin:
- Examples Borrowing to buy additional shares, using the shares themselves as collateral broker meaning.
- Definition Bond Equivalent Yield:
- Examples Bond yield calculated on an annual percentage rate method. Differs from annual effective yield broker abbreviation.
