Definition of Broker:
As well as executing client orders, brokers may provide investors with research, investment plans and market intelligence. They may also cross-sell other financial products and services their brokerage firm offers, such as access to a private client offering that provides tailored solutions to high net worth clients. In the past, only the wealthy could afford a broker and access the stock market. Online broking triggered an explosion of discount brokers, which allow investors to trade at a lower cost, but without personalized advice.
A person who buys and sells goods or assets for others.
Person who serves as a trusted agent or intermediary in commercial negotiations or transactions. Brokers are usually licensed professionals in fields where specialized knowledge is required, such as finance, insurance, and real estate. Their rate of compensation (called brokerage or commission) is determined according to custom of the particular trade or by law, and is computed commonly either as a fixed percentage of the value of the transaction or on a sliding scale (higher the value, lower the percentage).
Arrange or negotiate (a settlement, deal, or plan).
A broker is an individual or firm that acts as an intermediary between an investor and a securities exchange. Because securities exchanges only accept orders from individuals or firms who are members of that exchange, individual traders and investors need the services of exchange members. Brokers provide that service and are compensated in various ways, either through commissions, fees or through being paid by the exchange itself..
Synonyms of Broker
Dealer, Broker-dealer, Agent, Negotiator, Trafficker, Realtor, Wall Streeter, Agent, Arbitrator, Bill broker, Bond crowd, Cambist, Connection, Contact, Cotton broker, Curb broker, Dealer, Diamond broker, Discount broker, Distributor, Estate agent, Floor broker, Floor trader, Floorman, Furniture broker, Go-between, Grain broker, Hotel broker, Insurance broker, Interagent, Interceder, Intercessor, Intermediary, Intermediate, Intermediator, Intermedium, Internuncio, Interpleader, Jobber, Land broker, Liaison, Link, Mediary, Mediator, Medium, Middleman, Money broker, Money changer, Mortgage broker, Negotiant, Negotiator, Note broker, Odd-lot dealer, Pawnbroker, Pit man, Real estate agent, Real estate broker, Registered representative, Sharebroker, Ship broker, Specialist, Stock dealer, Stock-exchange broker, Stockbroker, Stockjobber, Tie, Two-dollar broker, Wholesaler, Arrange, Organize, Orchestrate, Work out, Thrash out, Hammer out, Settle, Clinch, Contract, Pull off, Bring about, Bring off
How to use Broker in a sentence?
- A broker is an individual or firm that acts as an intermediary between an investor and a securities exchange.
- Brokers register with FINRA, while investment advisers register through the SEC as RIAs.
- Barbara didnt trust the financial advice she was receiving from her Dean Witter broker because she was constantly losing money.
- A broker can also refer to the role of a firm when it acts as an agent for a customer and charges the customer a commission for its services.
- Fighting continued despite attempts to broker a ceasefire.
- The broker was trusted with bringing the diamond company to the deliberating table with the mining company which he was currently failing at.
- Discount brokers execute trades on behalf of a client, but typically don’t provide investment advice.
- The centralized lenders operate through brokers.
- I called my broker to buy some Pepsi shares, but he told me that was a bad idea, and to buy Coke shares instead.
- Full-service brokers provide execution services as well as tailored investment advice and solutions.
Meaning of Broker & Broker Definition