Meaning INDEPENDENT BROKER: NYSE member who executes orders for floor brokers and firms other than its own
More terms such as Independent broker in Dictionary I.
- Definition Invoice Price:
- Examples The price that the buyer of a futures contract must pay the seller when a Treasury bond is delivered independent broker definition.
- Definition Intangible Asset:
- Examples A legal claim to some future benefit, typically a claim to future cash. Goodwill, intellectual property, patents, copyrights, and trademarks are examples of intangible assets independent broker explain.
- Definition Income Exclusion Rule:
- Examples The IRS rule that excludes certain types of income from taxation, e.g., welfare payments independent broker what is.
- Definition Intercommodity Spread:
- Examples market, a spread consisting of a long position and a short position in different but related commodities for example, speculating that the price relationship between the two commodities will change independent broker meaning.
- Definition Indicated Yield:
- Examples the most recent quarterly rate times four. To determine the yield, divide the annual dividend by the price of the stock. The resulting number is represented as a percentage. See: Dividend yield independent broker abbreviation.
