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 Closing Sale:
- Examples A transaction in which the seller's intention is to reduce or eliminate a long position in a stock, or a given series of options commission definition.
- Definition Collection:
- Examples The presentation of a negotiable instrument for payment, or the conversion of any accounts receivable into cash commission explain.
- Definition Customer'S Loan Consent:
- Examples Agreement signed by a margin customer that allows a broker to borrow margined securities up to the level of the customer's debit balance to help cover other customers' short positions commission what is.
- Definition Corporate Financial Management:
- Examples The application of financial principles within a corporation to create and maintain value through decision-making and proper resource management commission meaning.
- Definition Cost Of Funds:
- Examples Interest rate associated with borrowing money commission abbreviation.
