A dealer in secondhand goods.
Individual who buys and sells goods for other persons.
(1) An insurance salesperson agent who sells insurance products for more than one insurance company. (2) For a career agent, to submit insurance applications to companies other than the agent's own company.----------[ Back
A broker acts as an intermediary by negotiating contracts or arranging funding but does not actually loan the money themselves.
In the securities industry, the term refers to an individual or firm who introduces the two parties in a transaction to each other for a commission or fee. Since brokers, unlike market makers, do not buy and sell for their firm's own account, they do not risk the firm's capital to stand behind a price quote. The broker must be registered with the exchange where the securities are traded and therefore is called a registered representative. In the insurance industry, the term refers to someone who solicits insurance business from a client, but does not represent any particular insurance company.
A person who is normally licensed by the state and who, for a commission or a fee, assists in negotiating a real estate transaction or negotiating the terms of a home loan. See mortgage broker.
A person or firm acting as an agent for buyers and sellers, charging a commission for services rendered.
A person or firm that acts as an intermediary by purchasing and selling securities for others rather than for its own account through agency trades. A broker engaged in the business of effecting agency trades in municipal securities is known as a “municipal securities broker.” For purposes of the Securities Exchange Act of 1934, the terms “broker” and “municipal securities broker” generally do not include a bank. Compare: BROKER'S BROKER; DEALER. See: BROKER-DEALER.
A broker is a financial intermediary who intervenes in organised stock markets. He/she is responsible for putting buyers and sellers in contact with each other.
an agent who executes buy or sell orders for customers
(1) A person paid a fee or commission for acting as an agent in making contracts, sales or purchases; (2) when used as "floor broker", it means a person who actually executes someone else's trading orders on the trading floor of the exchange; )3) when used to mean account executive, it means the person who deals with customers and their orders in commission-house offices.
A professional who offers a commission- or fee- based service to bring together parties interested in buying, selling, exchanging, or leasing real property
An intermediary who will give advice and offer a range of mortgages.
One who acts as an intermediary on behalf of others for a fee or commission.
An agent who effects buying and selling orders for clients.
or insurance broker. An independent middleman who acts between an insured and an insurance company and solicits insurance business from the public. A broker is not tied to any particular insurance company. Compare with insurance agent.
In CAPACITY ASSIGNMENT/BROKERING, a broker is one who sells or assigns firm transportation (or storage) capacity rights on an interstate pipeline to another entity. Also, an individual or company that buys or sells stocks, commodities, or services for others for a fee. A broker provides the function of bringing a buyer and seller together. A lease broker leases oil and gas leases for others or for the broker's own account for later sale.
A person who facilitates transactions (buy and sell) in the secondary market. Humor
A representative of the buyer of property and liability insurance who deals with either agents or companies in arranging for the coverage required by the customer. A broker is paid a commission by the company or its agent.
A person to whom you pay a commission for acting as your agent when purchasing or selling securities, such as stocks. They act as intermediaries between purchasers and sellers.
Person who represents the customer, instead of the company, in an insurance transaction.
Professionals who buy and sell shares on behalf of their clients.
There are several types of brokers who are licensed by the state to represent another for a fee. Two types of brokers are: A real estate broker who brings buyer and seller together. A mortgage broker who brings applicant and lender together.
a mortgage broker, otherwise known as a mortgage adviser or intermediary, should be able to find you a mortgage to suit your needs, although usually from a restricted range of deals.
A person employed to make contracts with third persons on behalf of his principal.
A broker brings buyers and sellers together for a commission.
Someone who will buy and sell securities for you for a fee.
Agent who arranges distribution for a brewery - Often is also responsible for sales and marketing function.
An insurance intermediary who represents the interests of the client, not the insurance company. In certain countries, use of the word 'broker' is regulated and the intermediary needs to be a member of the appropriate Brokers Association and meet their minimum requirements. This is to ensure a proper professional standard, and redress for the client in the event of problems.
An agent for buying /selling securities who charges a commission for services rendered.
An agent who works for commission buying or selling on behalf of clients.
A person who arranges funding or negotiating contracts for a client but who does not loan money himself.
( Stockbroker-Registered Representative): An individual who has registered with the SEC, the exchanges, the NASD, and appropriate states, and who has passed certain tests and requirements allowing her or him to be involved in the business of buying and selling securities.
A broker acts on your behalf to seek the best insurance product for your particular circumstances. They usually collect a commission from the insurance company for selling their product.
An intermediary who represents the insured in its dealings with an insurer and/or shops for coverage on behalf of the insured. Also, organizations that sell Lloyd's policies to insureds.
A professional that represents a buyer and/or seller and assists in negotiating the contract.
a company that searches a range of insurance companies to find the best and cheapest insurance policy for you.
One who places business with more than one insurance company and who has no exclusive contract requiring that all his or her business first be offered to a single company. The broker legally represents the customer whereas the agent is the legal representative of the company who has appointed him or her as an agent.
An intermediary that buys and sells securities on the secondary market for investors. Since the bond market does not have an organized exchange, as stocks do, the price either offered or bid for a given bond can vary from broker to broker.
An individual who assists in arranging financing or negotiating contracts for a client. Brokers usually charge a fee or receive a commission for their services. A Broker is not actually the lender.
A broker is someone licensed by the state to represent a buyer or seller as their agent. Salespeople, even though licensed, must work for a broker. A broker has real estate training and credentials in addition to those required for salespeople.
An agent who acts as an intermediary between a buyer and a seller of securities. A broker receives compensation in the form of commissions.
One who buys and sells securities for others, in exchange for a commission.
An individual who acts as the agent of the seller or buyer. A real estate broker must be licensed by the state.
A term generally used to describe one who places business with more than one company, and who has no exclusive contract requiring that his business first be offered to a single company. Unlike the agent, who is considered to represent his company, the broker usually is considered as representing the insured. Many states require that companies license agents rather than selling through brokers. This ensures that the company has responsibility for the actions of their representatives.
An intermediary which provides investors the ability to purchase stock in publicly traded companies.
An individual or firm acting as an intermediary between two parties and enables them to enter into a contract.
An Individual who arranges deals or negotiating contracts on behalf of a client. Mortgage brokers usually charge a fee to the loan applicant or receive a commission for their services from the loan provider. Property or Real Estate brokers helps clients find a house and charge a fee (usually a percentage) for their services.
Traditionally, an agent who works for a dealer by soliciting customer orders and earning for himself a commission in the process. Currently, the terms broker and dealer are often used interchangeably.
A broker is a person who, for a fee, brings parties together and helps them negotiate contracts between them.
An intermediary who assists in negotiating contracts between parties; licensed to assist in the purchase and selling of residential property, commercial property, businesses and business opportunities.
A professional trader who buys or sells stocks for individuals and institutional customers. (See also Dealer, Discount broker and Full-service broker.) View LEI Lesson(s) that address this term
A securities firm or a registered individual affiliated with one. Brokers are the link between investors and the stock market, handling the public's orders to buy and sell securities, commodities, etc.
A person who is licensed to act on behalf of another person. For example, a real estate broker.
A licensed insurance solicitor who places business with a variety of insurance companies and who represents buyers of insurance rather than the companies, even though he or she is paid a commission by the companies.
Different kind of brokers may get involved in mortgage transactions. Real estate brokers typically assist their clients in identifying properties, negotiations, closure of sale and sometimes arranging for funds. Brokers may charge their clients fees typically expressed as a % of the sale price of the property.
A person who assists in the arrangement of funding or negotiates contracts on behalf of the borrower, without personally assuming the responsibilities of the lender. A commission or fee is usually assessed by the broker for this service.
An insurance professional/intermediary who markets and explains insurance products to insureds and prospective insureds. Brokers are typically licensed by a state to place insurance on behalf of clients (individuals and organizations) with any number of companies, while others represent a single insurer. A broker technically represents the client.
The agent who conducts and executes securities, commodities or other property transactions on behalf of buyers and sellers.
An insurance broker is a sales representative who sells various types of insurance on behalf of several insurance companies.
One who acts as an agent for others in Real Estate transactions for a fee.
An individual or organization that is licensed by the state and seeks insurance on behalf of a customer. Brokers do not work with a single entity but can work with multiple insurance companies or customers.
A company registered with the Insurance Brokers Registration Council (IBRC) under the Insurance Brokers (Registration) Act 1977.
Is a licensed insurance agent not affiliated with an insurance company, who works for the consumer and helps him or her find the best policy at the best price. The commissions are paid by the insurance company.
The Business Broker (Business Transfer Agent) provides a discreet and confidential service to a business owner to sell that business to an individual or company.
An agent who handles the public's orders to buy and sell stocks, commodities or other property. Full service brokers are those that provide a wide range of investment services, research and advice. A full service account representative usually works on a commission basis, thereby generating income on the number of their clients' trades. Discount brokers are not in the business of giving investment advice. They usually work on salary, limit their services to trade executions and collect substantially lower fees. Example: E*Trade Securities
Someone who, for a commission or fee, is in the business of bringing parties together, arranging funding and negotiating contracts for a client.
A translation or interpretation broker is a person that is not a qualified translator or interpreter and acts as middleman between freelancers, interpretation equipment companies, and clients. Usually, they "source out" freelance translators and interpreters from the many online directories and pay bottom dollar for their services, while charging the client as much as, or more than, a reputable translation company would.
A salesperson who has obtained a state license to sell and service contracts of multiple health plans or insurers and who is ordinarily considered to represent the buyer, not the health plan or insurer.
A middleman or agent who buys and sells real estate or mortgages. The broker does not have title to the property, but generally represents the property owner.
An agent, in the case of a stockbroker, one who is authorised to buy and sell shares on behalf of a client.
A company acting as an agent between customers and loan lenders.
1) An individual who is paid a fee or commission for acting as an agent in making contracts, sales, or purchases. 2) A floor broker is a person who actually executes trading orders on the floor of an exchange. 3) An account executive, registered commodity representative, or customers' man who deals with customers and their orders in commission house offices. See also Futures Commission Merchant.
A person or corporation who assists in negotiating loans for clients, but does not personally lend the money.
A sponsor who acts as an intermediary in gathering funding for a project
A stock broker who buys and sells shares on the exchange on behalf of a client for a commission which is now negotiable.
A broker is a licensed real estate agent who is authorized to operate his or her own office.
A agent authorized by the state to deal in real estate.
An individual or firm that puts buyers and sellers together for a fee or commission, and therefore acts as an intermediary. In contrast, a 'dealer' commits capital and takes one side of a position, and closes out the position in a subsequent trade with another party to hopefully earn a spread (profit).
An intermediary who manages a sale and purchase. Brokers can represent either sellers or buyers. Different brokers can represent both a seller and a buyer.
One who acts as an intermediary between parties to a transaction in exchange for a fee or commission
A person who is paid a fee or commission for executing orders. In futures trading, the term may refer to: (1) a floor broker, i.e., an exchange member who executes orders on the trading floor of an exchange; (2) an account executive or associated person who deals with customers for a futures commission merchant or introducing broker; and (3) a futures commission merchant.
An investment banker, leasing company, banker, finance company or individual who solicits or finds companies that wish to lease equipment, but has no intention of taking the lessor's position. The broker finds a lessor and collects a fee for the service.
Individuals licensed by stock exchanges to enable investors to buy and sell securities.
Brokers arrange for the purchase or sale of foreign currency between banks, but are not a principal to the transaction.
A licensed life insurance agent who has more than two years experience and has contracts with more than one insurance company.
A person who represents and acts on behalf of the insured. A broker may also be an agent of the insurer for such purposes as policy delivery or collection of premium.
A licensed individual or organization who transacts insurance on your behalf.
An individual or company that brings borrowers and lenders together, but does not actually lend money to the borrower. Brokers shop around for the best lender on behalf of the borrower, and charge a fee for their services
A person who arranges insurance business with insurers on behalf of prospective policyholders or who in any manner solicits, negotiates or procures insurance or the renewal or continuation thereof on behalf of insurers
An individual or company who handles public orders to buy and sell securities, commodities or other property on the behalf of clients. A commission is charged for this service.
A kind of marketing specialist representing buyers of property and liability insurance and deals with either agents or companies in arranging for the coverage required by the customer.
A person who buys and sells stock on an exchange, on behalf of a buyer or investor
An individual or company that finds you a loan or mortgage suited to your needs.
An individual or a company that handles investors' orders to buy and sell currencies. Some brokers charge commission for this service.
A business that carries no inventory and that has no written ongoing agreement with any manufacturer or manufacturer's authorized distributor to sell the products of the manufacturer.
An agent or intermediary who acts on behalf of others to buy or sell on a commission basis.
In a securities transaction, the individual or firm authorized to act as your agent. Your broker arranges the transaction, confirming the security, the price and the number of shares to be bought or sold.
An individual who negotiates contracts or arranges funding for a client, but does not actually loan the money personally. A broker typically charges a fee for his/her service or receives a commission.
A person acting as a qualified intermediary in the purchase of securities. The function of broker is to buy securities.
A licensed insurance professional who sells insurance coverage to employer groups or individuals. back to the top
A professional who executes investors' orders to buy and sell securities and generally provides some financial advice.
Person who mediates between an insurance company and the customer, researching and recommending coverage plans to the customer. Brokers work on commission and deal mainly with commercial insurance.
Someone who handles the instructions of investors to buy and sell securities, commodities, insurance policies, or other property. The provision of this service usually attracts a brokerage.
somebody that studied hard and has a fancy license to legally lose your money for a slight additional charge
A Broker is a financial advisor who is not attached to any specific assurance company and therefore may sell the products of more than one company. It is a fallacy that brokers are necessarily more competent or unbiased towards certain products simply because they are independent. They also get paid commission on the products they sell.
Someone who executes transactions on an agency basis for a commission or fee.
An intermediary who gives advice and researches a range of mortgage deals for a buyer.
One who puts buyer and seller in touch with one another for a fee. In a broader sense the term is used for an organisation which is a member of an exchange and which acts as the means through which clients have access to the market. In these circumstances the broker acts as principal to his client but does not share in the risk as each deal is implemented by trading with other brokers in the market.
A lender who, for a commission or a fee, places a loan with any possible number of investors, the investor becoming the actual lender.
an agent in a particular market, such as securities, commodities, insurance, etc.
a person licensed to sell insurance. Autoplan brokers are insurance brokers who have been authorized by ICBC to sell Autoplan coverage. More Information.
A NASD registered individual representing a broker/dealer or issuer when buying or selling a security for a client.
A general term for any system that acts as an intermediary between two or more systems. Both webMethods Enterprise Server and Integration Server are considered brokers in the general sense.
A real estate professional who is licensed by the state and represents one or more parties in a real estate transaction. A broker helps clients to determine market values, lists properties for sale, advertises properties for sale, shows properties to prospective buyers, prepares offers and counter offers, negotiates on behalf of their clients, and ensures that their client's) comply will all applicable laws governing the transfer of property. A broker may employ other brokers or salespersons under his or her license.
Any persons that are engaged in the business of effecting transactions in SECURITIES for the account of others, but does not include a bank. Section 3(a)(4). Generally speaking, a BROKER is a market PARTICIPANT that acts solely as an investor's agent, takes no position in securities being traded, and in return for these services, receives a fee or commission.
The term "Broker" may be defined as: Real Estate Broker is licensed to represent a buyer or seller in a real-estate transaction Mortgage Broker arranges financing for a borrower by placing loans with lenders Mortgage Bankers specialize in originating and servicing loans
A licensed real estate agent who can deal directly with principals and employ licensed real estate salespersons.
An individual or firm which acts as an intermediary between a buyer and seller, usually charging a commission. For securities and most other products, a license is required.
A person or firm that negotiates transactions between buyers and sellers and charges a fee for the brokerage services. The broker does not receive, or take title to, or possession of the product involved in the transaction. However, the broker may assure delivery of the product to the buyer and guarantee payment to the seller.
An intermediary between the buyer and seller who is licensed to carry out such activities.
A real estate broker is a person licensed to carry out real estate transactions and receive a fee for these activities.
A person who represents another, for a fee, in real estate transactions. Mortgage brokers help consumers locate suitable real estate loans and are paid a fee for their services.^Back to the top
A company that facilitates the sale and/ or purchase of electricity between businesses and Retail Electric Providers. Competitive Retail Electric Provider A certified Retail Electric Provider by the PUC that competes for your business by offering lower prices, renewable energy options, added customer service benefits or other incentives.
An agent who executes buy and sell orders for securities or commodities for a fee. Bull - A person who believes t stock prices will rise. See bear.
A person who acts as an intermediary between a buyer and a seller, charging a commission. They are not acting on their own account.
Individual who represents the prospect, instead of the insurance company, in the insurance transaction.
A trader who deals in stocks on behalf of a client. A broker may act in a discretionary, advisory or execution capacity for his client.
A company in the business of buying and selling domain names. Domain name brokers usually act as facilitators between buyers and sellers, often providing services such as escrow, appraisals and trademarks.
May be an agent of the seller or buyer (not both). Generally, this is a local business or commercial real estate broker. May or may not use the Lehman formula for success fees.
A marketing specialist who represents buyers of property and liability insurance and who deals with either agents or companies in arranging for the coverage required by the customer. Skip alphabetic navigation to C
Is the party who acts as an agent for his customer. The broker receives a commission as compensation. This person is also known as an AE, AP, IE, RR, or registered customer support person. Brokers are required to be licensed according to product lines and states when required.
An individual who acts as an agent for a customer, who is attempting to route a car to a customer in Mexico or Canada. Equipment destined to a locale in Mexico is billed only to the border. At that time a broker, in cooperation with a broker in Mexico, prepares the proper paperwork which allows the car to cross the border and proceed to its destination.
An individual or a firm that matches buyers and sellers for a fee or a commission.
An insurance broker is usually an independent intermediary whose job is to find the best insurance policy for you from a range of insurers, also known as underwriters. The number of underwriters a broker works with can vary and in some cases can be limited to one company.
A company or person who arranges, for a fee, transactions between lessees and lessors of an asset.
A person licensed by state real estate commission to let independently in conducting a real estate brokerage business.
One who receives a commission or fee for bringing buyer and seller together and assisting in the negotiation of contracts between them; in most states a license is required
A Broker is a person whom brings buyers and sellers together in a market. Brokers do not take market positions.
an agent who executes an investor's orders to buy or sell securities.
An individual or firm that acts as an agent between providers and users of products or services, such as a mortgage broker or real estate broker.* See also "Mortgage Broker"
a licensed insurance professional who obtains multiple quotes and plan information in the interest of his client.
An individual or firm who acts as an intermediary between a buyer and seller, broker's usually charge a commission.
this term is often improperly applied to all real estate sales professionals, when in fact the qualification status of brokers is technically superior to that of a real estate agents.
Broker or intermediary in the purchase and sale of securities.
Intermediaries who arrange both mortgages or remortgages for applicants. The broker may have a panel of different lenders; they may use only one lender or offer a whole of market service. All brokers involved in arranging mortgages must be licensed by the Office of Fair Trading
A company in the business of assisting in arranging funding or negotiating contracts for a client but who does not loan the money himself. Brokers receive a commission for their services which is normally paid by the lender. Brokers are able to arrange Connecticut home loans and CT mortgages for their clients on a wholesale basis (reduced interest rate), due to the volume of Connecticut home loans they originate for lenders.
A person trained and licensed to carry out real estate transactions and receive a fee for these services.()
An agent who handles the buying and selling of securities, commodities or other property. A commission is generally charged for this service.
An "intermediary" registered with the Insurance Brokers Registration Council (IBRC) under the Insurance Brokers (Registration) Act 1977.
He acts as an intermediary, bringing two parties together and helps them to enter into a deal but he is not made part of their agreement .
It refers to an agent that brings together two parties for a contract and in turn receives a fee.
A licensed individual whom an employer pays to negotiate for insurance from companies.
An agent who brings together two parties enabling them to enter a contract for which he receives a set fee.
An agent or intermediary that arranges for the purchase and sale of electricity, transmission, and other services between buyers and sellers.
is an individual, licensed to assist in arranging funding or negotiating contracts for a client, who does not personally loan the money. Brokers usually charge a fee or receive a commission for their services.
A person who is the middleman between a seller and a buyer. These persons sell financial products with a fee.
As it relates to the real estate, a mortgage broker does not lend money, but acts as an agent between the borrower and the lender to secure financing. A broker can often be a more effective means for securing a loan because he or she is able to "shop" for the best rate and term available from several different lending sources at one time, something that would take a borrower much longer to do on his or her own. Brokers earn a profit for this service usually expressed as "points" on a loan.
An intermediary who works with franchisee candidates and franchisors to facilitate a franchise purchase. Brokers can represent either sellers or buyers.
An agent who brings two parties together, enabling them to enter into a contract to which he is not a principal.
(1) An individual who for compensation solicits, negotiates or procures insurance or the renewal or continuance thereof on behalf of insureds or prospective insureds. (2) One who solicits, negotiates, or procures the making of contracts of insurance on behalf of the insured, other than himself or another broker, and who may render services incidental to these functions, except as an employee of an insured. (To this definition, the Commission on Insurance Terminology adds this comment: "By law, may be made agent of the insurer (insurance company) for certain purposes such as delivery of policy or collection of premium.")
Any individual or firm in the business of buying and selling securities for itself and others. When acting as a broker, a broker/dealer executes orders on behalf of his/her client.
A real estate professional who has a higher level of training than an agent. A broker is the legal representative and/or manager of the office. The term may also refer to the brokerage under which an agent is licensed.
brokers are intermediaries in network applications that add value to the provision of services. Brokers may find servers for clients or refine service requests for clients. Unlike proxies, brokers don't mask their role as intermediaries between clients and servers.
One who facilitates a transaction between two parties. A mortgage broker acts as an intermediary between the borrower and the lender.
A securities firm or a registered investment advisor affiliated with a firm. Brokers are the link between investors and the stock market. When acting as a broker for the purchase or sale of listed stock, the investment advisor does not own the securities but acts as an agent for the buyer and seller and charges a commission for these services.
Brings buyers and sellers together for a commission paid by the initiator of the transaction. Brokers do not take market positions.
An entity that arranges for the sale or lease of vehicles through another party.
State licensed agent who represents buyers and sellers in real estate proceedings.
An individual in the business of helping to arrange funding or negotiating contracts for a client, but who does not loan the money himself.
A person or organization licensed by a state and paid by you to look for insurance for you. An insurance broker is independent rather than appointed by any one insurance company. The Broker represents the client rather than the insurance company. The broker, in representing their client, is able to shop around with various insurance companies to secure the best coverage and the best products available. An insurance broker does No t have the authority to bind coverage.
Brokers are intermediaries who arrange both secured and unsecured loans for applicants with various lenders. Brokers may have a panel of different lenders with which they can place the applicant's loan, or they may be tied to a particular lender. Central Capital has an extensive panel of lenders, each of whom offers a comprehensive range of loans; this ensures that whatever your circumstances we can find the best loan for you.
An individual who assists in arranging for funds and also negotiates contracts for a client. However this individual does not borrow money for his individual purpose.
A life insurance company representative who seeks out prices and types of policies for businesses.
A specialist who introduces diamond buyers and sellers, earning his commission on the value of deals done.
an independent person or firm who acts on behalf of the insured in placing business with company. Responsible for the collection of premiums but having no authority to give coverage on the company's behalf without their specific agreement. Remuneration is on a commission basis.
A person who, for a commission or a fee, brings parties together and assists in negotiating contracts between them.
The virtual middleman who delivers you to your Hollywood Dollars. The HSX Broker fills all of the trades you request. For example, if you buy Drew Barrymore's StarBond, the HSX Broker will fill that trade for you. There are three types of brokers: the mini-broker, the advanced broker, and the quick trader.
An agent who negotiates contracts for purchase and sale. In Massachusetts, real estate brokers and salespersons are licensed by the state Real Estate Board.
A company clients on what level of insurance they need and arrange the cover with main insurers
An agent, authorised by a stock exchange to buy and sell shares on behalf of a client.
one who sells financial products for a trading commission.
An agent who acts as a third party for others, negotiating contracts or arranging funding in return for a commission or a fee.
A company in the business of buying and selling domain names. Domain name brokers usually act as facilitators between buyers and sellers, but very rarely buy for their own account. Note that many companies call themselves "brokers" because it basically sounds good, though all they really do is list domain names for sale on their site, with contact information... only a small minority of companies calling themselves brokers provide full brokerage service, such as escrow.
An intermediary between a customer and an insurance company who represents the insurance buyer.
A sales and service representative who handles insurance for clients, typically selling life insurance for several companies. Brokers resemble agents, except for the fact that brokers represent the party purchasing insurance rather than a specific insurance company.
With a qualification status that is superior to that of a real estate agent, a broker is defined as an individual who is in the business of assisting in arranging funding or negotiating contracts.
An agent, who executes orders to buy and sell currencies and related instruments either for a commission or on a spread. Brokers are agents working on commission and not principals or agents acting on their own account. In the foreign exchange market brokers tend to act as intermediaries between banks bringing buyers and sellers together for a commission paid by the initiator or by both parties. There are four or five major global brokers operating through subsidiaries affiliates and partners in many countries.
A person that buys or sells an investment vehicle for you (securities, bonds, commodities, etc.,) in exchange for a fee, which is called a commission.
An individual or company that brings borrowers and lenders together for the purpose of loan origination.
An authorised intermediary who can find and place mortgage deals for customers. A broker can take care of all the paperwork for you and deal with the lender on your behalf, although a broker fee may be charged for this service.
1. Any entity that serves as an agent or intermediary in the purchase and sale of electricity, but does not own transmission or generation. 2. When one person has less money than anyone else he is said to be "broker."
A real estate professional licensed in Ontario to facilitate the sale, lease or exchange of a property.
A person who matches buyers and sellers in the currency markets, and who does not profit from the price movements in currencies, but rather earns commissions from the trades he matches. The quotes for the orders he executes are established by a dealer, rather than him. Brokers can be Associated Persons, and as such oversee the taking of orders from clients. They can also be on the floor of an exchange, executing orders received from online clients, or FCMs.
An individual in the business of arranging funding or negotiating contracts for a client but who does not loan money himself. A broker usually charges a fee or receives a commission for his services.
A person, or a company, who sells insurance policies for more than one insurance company. A Broker's clients can compare prices and select insurance coverage to best suit the client's needs. W.N. Atkinson, for example, is an Insurance Broker. Compare with Insurance Agent.
A person who acts as an intermediary or third party between the buyer and seller of scrap metal.
This is the real estate agent who has listed the property for sale. The agent is responsible for presenting any offers received from a potential resale purchaser to the marketing assistance company. The broker will forward the resale contract to AECC for signature as the seller of the transferee's home. The broker may also be responsible for seeing that repairs are completed and paying for utilities if the home goes into AECC's inventory as a Regular or Amended Value Sale.
A licensed representative who sells and services insurance products to clients. A broker usually offers multiple plans through various insurance carriers.
One who represents the insured in arranging insurance. A broker may also serve as the agent of an insurance company. Typically, a broker does not have binding authority.
Registered individuals who sell securities to the public.
An individual who executes customer purchases and sales, usually for a commission. "Floor brokers" execute orders on the floor of the exchange. "Retail" or "upstairs" brokers handles retail customers (small investors) and their orders. The word broker more generally refers to anyone who acts as an intermediary between a buyer and seller, usually charging a commission. Brokers who specialize in securities must be registered with the exchange where the securities are traded. A broker is not the same as a dealer.
person licensed to represent home buyers or sellers for a fee.
An individual employed on a fee or commission basis as agent to bring buyers and sellers together.
The term was first used around 1622 to mean an agent in financial transactions. Originally, it referred to wine retailers - those who broach (break) wine casks. The term "Broker" used herein refers to Pinnacle Capital Markets.
An individual who facilitates the purchase of property by bringing together a buyer and a seller.
In insurance, an agent who places business with more than one company and who has no exclusive contract with one company.
One who, for a commission or fee, brings parties together and assists in negotiating contracts between them. In real estate transactions, the broker usually brings together the buyer and the seller.
A licensee who acts as an intermediary between two parties and negotiates contracts between them.
An individual who connects parties for a fee while negotiating the contract on behalf of his/her client. A mortgage broker brings borrowers together with lenders and loan programs for a property transaction.
A mortgage broker is an intermediary that offers mortgage products from a number of different lenders. Mortgage brokers bridge the gap between potential borrowers and particular lender's products. Broker services include mortgage advice and mortgage arrangement. Some brokers can offer both these services, and some offer just one or the other. Mortgages are very complicated, and there are a huge variety of products available. There are many lenders and they each offer different mortgage products. A broker cuts out the hassle of finding a mortgage whilst lowering your risk of getting a bad deal. For their service brokers either charge a one off brokers fee, which may be a percentage of the mortgage. Some brokers charge a commission to the lender for generating them custom. View the mortgage brokers listed in the mortgage broker directory.
An independent secondary market service which lists pieces for sell by collectors. Like the Exchange, the broker works as a middleman and requires a commission when the item sells. Commission is normally paid by buyer.
A person who for a fee (paid by you) procures insurance on your behalf.
A person who brings parties together and assists in negotiating contracts between them for a commission or fee.
a person hired for a commission or fee to negotiate purchases, contracts, or sales
an intermediary between traders for physical, futures and over-the-counter deals. Brokers receive a fixed commission, predetermined between the broker and his/her client.
A person or firm who acts on behalf of another.
A person who arranges a deal for a fee or percentage - one who acts as an intermediary between parties to a transaction.
An individual or company that matches bids and offers in a market and charges a commission or brokerage fee.
An individual in the business of assisting in arranging funding or negotiating contracts for a client buy who does not loan the money himself. Brokers usually charge a fee or receive a commission for their services.
Acts as a representative of the individual being insured and renders services incidental to the functions of contracts of insurance.
Individual employed on a fee or commission basis as agent to bring parties together and assist in negotiating contracts between them.
A state licensed sales agent who acts for property owners and prospective purchasers in Real Estate transactions.
An independent middleman who arranges deals between borrowers and lenders. A broker is compensated for his services by the borrower and/or by the lender.
An intermediary between the borrower and the lender. The broker may represent several lending sources and charges a fee or commission for services.
a sales person for insurance. A broker is usually the first contact a company would have when they are looking for insurance. The broker may or may not be tied into a specific health plan.
An individual or independent corporation engaged in bringing together sellers and buyers of natural gas, assisting in negotiations, arranging transportation and delivery terms. Brokers usually do not buy or sell for their own account but act as an agent for the buyer and/or seller.
An intermediary in the sale of existing life insurance policies by the insured to an investor-buyer
A licensed professional who assists in the purchase, sale, rental, or management of real property. A broker can be employed by either the buyer or seller, and accordingly, his duties may include locating and showing properties to prospective buyers, advertising properties for sale, assisting in contract negotiations, and other related activities. The term agent is often used interchangeably with broker, although in actuality, agents work under a broker and act as agents for that broker.
This is an agent or 'intermediary' who brings parties together and who may also assist in the negotiation of contracts between them. The broker can be tied to a specific product provider or group of providers, or, like the Mortgage Monkey, completely independent.
A person or organization licensed by the Sate of Florida, retained by you, to obtain insurance for you.
An intermediary between a buyer and a seller in a highly organized market.
An insurance salesperson who deals with agents and companies to find insurance for customers.
A person who solicits, negotiates, and services insurance policies for an insurance buyer in exchange for a commission from an insurance company. See "Agent."
Entity that arranges the sale and purchase of energy, transmission, and other services between buyers and sellers but does not take title to any of the power in the transaction.
An insurance broker is someone licensed to represent an insurance applicant in the negotiating for insurance. See: Authorized Representative.
A broker (stockbroker) is a firm, specialized in stocks, bonds and investments that acts as an intermediairy between a buyer and a seller on the Stock Market where it has to be registered.
One who represents an insured in the solicitation, negotiation or procurement of contracts of insurance.
A person who for compensation or expectation of compensation acts for another in a real estate or related transaction. Requires a California Broker's License.
"Broker has several meanings in different situations. Most Realtors are ""agents"" who work under a ""broker."" Some agents are brokers as well, either working form themselves or under another broker. In the mortgage industry, broker usually refers to a company or individual that does not lend the money for the loans themselves, but broker loans to larger lenders or investors. (See the Home Loan Library that discusses the different types of lenders). As a normal definition, a broker is anyone who acts as an agent, bringing two parties together for any type of transaction and earns a fee for doing so."
An individual or firm that acts as an intermediary who matches a buyer with a seller. In the foreign exchange market brokers tend to bring buyers and sellers together - a client and market participants.
An agent middleman or wholesaler who arranges title-free sales for his clients.
A state-licensed person who negotiates insurance contracts on behalf of the insured and can represent multiple insurance companies. The representatives of American Guardian Insurance are Brokers not Agents.
An independent agent or representative of various noncompetitive products in a retail market who represents a manufacturer and presents products, sales and special deals to a retailer or wholesaler. See agent; field broker;manufacturer's representative; m
Sales Company that represents multiple “Principals”.
Your "agent" who is responsible for providing you with financial product advice and placing your orders to market. .
An individual who pairs clients in need of cash with appropriate financial entities including factors.
A licensed real estate professional who may receive commission for his or her part in bringing together a buyer and seller to a sale of real estate.
A person or company that, for a specified fee, provides a service.Real estate brokers bring together buyers and sellers and thenfacilitate the transaction. Note: most real estate brokers representtheseller, NOT the buyer. Mortgage brokers are individuals or companieswhich arrange financing but do not lend money directly.
An agent who handles investors' orders to buy and sell currency. For this service, a commission is charged which, depending upon the broker and the amount of the transaction, may or may not be negotiated.
Stock market intermediary legally authorized to operate on the stock market for his clients' account.
A person licensed by a state real estate commission to act independently in conduction a real estate brokerage business. Although the requirements for a broker's license vary from state to state, an individual usually must have one or more years of experience in the industry and pass an examination.
Independent company that negotiate and find the most suitable cover for you.
A person who arranges a contract between you and, for example, an insurance or mortgage service provider. Brokers usually receive a commission or fee for arranging a contract.
A person who acts as an intermediary in the purchase of securities or insurance.
An individual who assists in arranging funding or negotiating contracts for a client, although a broker does not loan the money itself. A broker typically charges a fee or receives a commission.
A person who acts as an intermediary between a buyer and a seller, charging commission. Brokers are found in the insurance, real estate, and securities industries.
A person who handles investors' orders to buy and sell securities. For this service a commission is usually charged. Brokers specializing in stocks, bonds, options, or commodities act as an agent. See: Account Executive; Dealer; Discount Broker; Full Service Broker; Registered Representative
An agent who charges commission to handle investors’ orders to buy and sell stocks, commodities or other property.
Someone who earns commission for providing the link between buyers and sellers.
Party who is licensed to handle property listings.
A sales and service representative who handles insurance for clients, generally selling insurance of various kinds and for several companies.
A broker is an intermediary who guides the investors on one or more investment avenues available to an investor and facilitates the process of investment.
Brokers and other intermediaries attempt to arrange suitable financial products or policies for you. They can be fully independent, part of a network that uses a panel of providers, or tied to certain institutions in which case they can only sell their products.
An entity that arranges the sale and purchase of electric energy, transmission, and other services between buyers and sellers, but does not take title to any of the power sold.
Insurance salesperson who searches the marketplace in the interest of clients, not insurance companies.
A securities firm or a duly registered individual associated with one. The broker does not usually own the securities that it buys and sells, but acts as agent for the buyer or seller and charges a commission for its services.
Person appointed by the landlord to show apartments to potential tenants and to negotiate leases.
An intermediary; someone who buys and sells on behalf of clients. In the world of financial intermediaries there are sharebrokers, money brokers, fixed-interest brokers and futures brokers.
A salesman who sells stocks, bonds or even shares (units) of mutual funds. Only licensed individuals may sell these items.
What you will be if you aren't careful. Just kidding. The term "broker" has several meanings in different situations. Most realtors are "agents" who work under a "broker." Some agents are brokers as well, either working form themselves or under another broker. In the mortgage industry, a broker usually refers to a company or individual that does not lend money itself, but brokers loans to lenders or investors. Technically a broker is anyone who acts as an agent, bringing two parties together for any type of transaction and earns a fee for doing so.
An individual or company who does not fund loans himself, but facilitates the processing or approval procedures for a customer. A broker generally uses a lender to approve and close loans for customers rather than close and fund the loan himself or itself.
An agent, who handles the public's orders to buy and sell securities, commodities, or other property. For this service, he/she charges a commission.
Person licensed by the state who places business with several insurers; the broker, although paid a commission by the insurer, represents the buyer rather than the insurance company.
A Broker is a middleman between a client - company and the market.
One who acts as an intermediary between parties to a transaction. A real estate broker is a properly licensed person who, for a valuable consideration, serves as an agent to others to facilitate the sale or lease of real property.
A middleman who brings buyers and sellers together and handles their orders, generally charging a commission for his services.
Anyone who acts as a go-between between a buyer and seller. For example, a real estate broker is licensed to handle property transactions and negotiate between a buyer and seller. A mortgage broker acts as a go-between with the lender and the borrower.
A person engaged in the business of buying and selling securities for the account of others
One that acts as an agent for others, as in negotiating contracts, purchases, or sales in return for a fee or commission.
A person who arranges loads for owner/operators
One who acts as an agent or negotiator for his principal when dealing with third parties on behalf of his client.
A broker works for a brokerage firm, handling client orders to buy or sell stocks, bonds, commodities, and options in return for a commission.
The middleman who passes orders from investors to the floor dealers, screen traders, or market makers for execution.
A person who acts as an intermediary between a buyer and seller and who usually receives a commission.
A company which chooses the most appropriate insurance company for you See Intermediary
an entity acting as an agent for others in negotiating contracts, purchases, or sales of electrical energy or services without owning any transmission or generation facilities. Such business or party does not take ownership for the power transacted
a licensed professional who advises people about investments; also helps people buy and sell stocks, bonds, mutual funds, etc. The broker earns a fee for this help, called a commission, usually a percentage of the transaction.
The highest level of real estate licensing which allows the licensee to operate as a managing broker for a company and in responsible for the licensee affiliated with that company. A Broker must complete additional courses of study and have been licensed for at least 3 years.
in the distribution of goods, an agent middleman, i.e., does not take title to the goods, who brings buyers and sellers together for a transaction; represents either the buyer or the seller, but not both in the same transaction.
An intermediary who brings parties together for specific purposes. A mortgage broker brings borrowers together with lenders; a real estate broker brings purchasers together with vendors. Often charges a percentage of the contract price as a fee. Specific training required to become a Real Estate Broker, a professional designation.
An independent person or firm authorized by contract to write business with a number of insurance companies, to provide coverage in accordance with the agreement and to collect premium on the insurance company's behalf.
One who is licensed by the state to carry on the business of dealing in real estate. A broker may receive a commission for his or her part in bringing a buyer and seller, landlord and tenant, or parties to an exchange. (Compare to Realtor®.)
An individual in the business of assisting, arranging, funding or negotiating loans for a client, but does not loan the money himself. Brokers either charge the borrower a fee or receive a commission from the lender for their services.
An individual or firm which charges a commission for executing buy and sell orders.
A broker acts as the middle-man between the lessee (the user of the equipment) and the full service leasing company that ultimately provides the credit approval, documentation, funding, and billing. There are many leasing companies that act as brokers and receive a fee for their work. There are fewer full service leasing companies that have the ability to hold and service their leases throughout the entire term of the lease. The full service lessor provides greater control for the lessee and/or vendor in the event the lessee wants to upgrade or early terminate their lease. Since there is no middleman, doing business directly with a full service lessor usually results in a lower lease rate for the lessee and a higher sale price for the vendor.
An intermediary that can be an individual or a firm, their objective is to putting together buyers and sellers for a fee or commission.
A financial professional who oversees a client's investment and/or insurance portfolio.
An individual who acts as an intermediary between two or more parties for the purpose of negotiating a transaction. In lending, the broker arranges and negotiates loan amounts, interest rates and loan terms between borrowers and lenders. Depending on the type of loan, the state in which the transaction occurs and contractual arrangements, the broker may represent the borrower, the lender or not have a fiduciary responsibility to either. (See "Fiduciary Responsibility.")
A person or company that transacts real estate related business on behalf of another.
A professional who does not lend money directly, but who arranges financing and contracts for a client for a fee and commission. Brokers basically bring together borrowers and lenders.
A person or agency that acts as the agent for another
One who solicits, negotiates or effects contracts of insurance. The term broker generally refers to one who represents an insured.
A person who assists a client in negotiating contracts or assisting in the arrangement of funding, but does not loan the money themselves.
An individual who matches buy and sell orders in return for a commission. The bid and offer prices are those of the market participants and not of the broker, unlike market makers.
A person who acts as an intermediary between two or more parties in connection with a transaction
Buyer or seller of securities on behalf of clients.
One who sells financial products. Whether in insurance, real estate, or stocks, most brokers work under compensation structures that are at direct odds with the best interests of their clients. When using a broker, you should always find out how he or she is compensated.
A person hired by another for a fee to assist in the transfer of interests in realestate. REAL ESTATE BROKER. Any person, natural or Juridical, who is an agent of another person and for or in expectation of a fee, commission of other valuable consideration, shall perform any of the following acts; offers, advertises, solicits, lists, promotes, mediates, negotiates or effects the meeting of the minds on the sale, purchase, exchange, mortgage or lease of, or joint venture or other transactions in real estate or any interest therein.
An individual or company that brings lenders and borrowers together for the purpose of loan origination.
An intermediary who finds and places customers who need a loan or mortgage with the lender. The broker can carry out all administration and paperwork to do with processing the loan for which additional fees may be charged.
A professional who works between two parties to negotiate a contract, such as a lending broker or real estate broker.
An individual who unites buyers and sellers and negotiates the contract for a client
An agent employed to make bargains and contracts for a compensation. In insurance, an individual or organization which acts as the representative of the insured in writing insurance contracts; an insurance specialist, under no obligation to place polity contracts with any one company, whose only duty is to secure the best possible coverage for his clients at the lowest possible rates.
A commissioned agent that represents properties.
An individual who gets buyers and sellers together and helps in negotiating contracts for a client.
An agent who acts as an intermediary between a buyer and a seller to facilitate trades, usually charging a commission. Cancelled Order A buy or sell order that is cancelled before it has been executed. In most cases, a Limit Order can be cancelled at any time providing it has not been executed. A Market Order may only be cancelled if the order is placed after market hours and is then cancelled before the market opens the following day.
An individual or business who represents manufacturers in a market area on a commission basis. Most represent multiple, non-competing lines.
A licensed, legal representative of the insured who negotiates with underwriters on behalf of the insured; nevertheless, the broker receives a commission from the insurer (underwriter).
An individual or company that for a fee acts as an intermediary between borrowers and lenders.
A person who has a real estate broker's license, who may not only make real estate transactions for others in exchange for a fee, but also may operate a real estate business and employ salespersons and other brokers.
A person who, for a commission, fee or participation, brings parties together and assists in negotiating contracts between them.
One who acts as an intermediary, bringing two parties together for any type of transaction and earning a fee in the process.
A real estate professional licensed by British Columbia to facilitate the sale, lease of exchange of property.
A person who negotiates contracts and arrangements for funding between the borrower and the lender.
An individual in the business of finding and arranging funding and/or sales of property in exchange for a fee or commission.
(1) Any person or entity engaged in the business of buying or selling investment securities for the account of another. Contrast with dealer. (2) An insurance sales agent who sells insurance products for more than one insurance company. Contrast with captive agent.
An agent for the sale and purchase of goods and services.
An individual who assists in arranging funding or negotiating contracts for a client of behalf of a lender.
A licensed person who acts as an agent for an investor to buy and sell securities such as stocks, bonds, and mutual fund shares. He is paid a commission for this service.
A person or business entity, licensed by the Commonwealth of Pennsylvania and engaged in the business of facilitating real estate transactions. A broker has completed educational and testing requirements beyond those required of someone with a salesperson license. All licensees must work under the supervision of a broker.
Real estate brokers are one level higher on the real estate professional totem pole than real estate agents (or salespeople). Real estate agents cannot legally work on their own - they must be supervised by a broker. To become a broker in most states, a real estate salesperson must have a number of years of full-time real estate experience, meet special educational requirements, and pass a state licensing exam. See also real estate agent and Realtor.
Person acting as an intermediary between buyers and sellers.
Anyone licensed by the state to engage in the sale of real property and receive compensatation.
A person licensed to operate a business providing real estate services to buyers and sellers.
A professional who sells financial and investment products.
One who receives a commission or fee for bringing buyers and sellers together and assists in the negotiation of real estate sales contracts between them. In most states, a license to do so is required.
A real estate professional who has a higher level of training than an agent. Generally, this is one who is the legal representative or proprietor of the office.
A real estate professional who has acquired a higher level of training and experience than a sales agent. A minimum number of classes must be taken along with passing a state exam to acquire a brokers license. Generally they are a legal representative or a proprietor of the office. Brokers usually charge a fee or receive a commission for their services.
A person or liaison that brings parties together and assists in negotiating contracts between them.
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. 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 agent and must be registered with the exchange where the securities are traded. Antithesis of dealer.
An agent that acts as an intermediary, in exchange for a commission and on behalf of a third party, on different financial markets and puts buyers and sellers in contact with one another.
Anyone who acts as a go-between. A real estate broker is licensed to handle property transactions and operate a brokerage firm. A mortgage broker is an individual or firm that matches borrowers to lenders and loan programs for a fee.
An individual or firm that acts as an agent for others, often between a buyer and a seller, in return for a fee or commission.
A Person or Firm which acts as an intermediary by purchasing and selling securities (in the case of a "municipal securities broker," municipal securities) for others rather than for its own account. For purposes of the Securities Exchange Act of 1934 the term does not include a dealer bank. The term is also colloquially used to refer to a municipal securities broker's broker.
Short for stockbroker, but can refer to any intermediary selling financial products.
Person or company that acts as intermediary between buyer and seller.
A Broker acts as a middle man between yourself, if you are the client, and the market.
The person who negotiates the selling of tea from producers, or the buying of tea for packers and dealers, for a brokerage fee from the party on whose behalf the broker is working.
An agent who handles investors' orders to buy and sell securities, commodities, insurance policies or other property.
An agent who negotiates contracts of purchase and sale.
A person who acts an intermediary of a buyer and a seller. You can find broker's in various types of fields including Real Estate, Securities, and Insurance. In Real Estate the broker represents the seller.
A person who works between two parties to negotiate a contract, such as a mortgage broker or real estate broker.
mortgage broker is an individual whose business is to help arrange funds or negotiate contracts for a client but who doesn't loan money himself. A real estate broker ( real estate agent) helps you find a house. See realtor.
A person, other than a bank, who acts as a qualified intermediary in the purchase of securities. Called a broker when buying securities, and a dealer when selling them.
an insurance agent who represents many different insurance companies.
An individual or firm who acts as an intermediary between a buyer and seller, usually charging a commission. (See dealer .)
A licensed person who acts as an agent for a seller or buyer while working for a real estate company or independently.
A customer's representative. In this context, one who represents a utility customer's best interest with respect to finding the optimum energy and services package.
A person (or company) acting as an intermediary between a buyer and a seller. Brokers may provide a service (for example, sale of real estate) or sell a product. The meaning - and terms of compensation - vary widely by industry. In some industries, such as securities and real estate, local governments require that brokers be licensed. Brokers do not usually take title to products; they receive a commission on transactions rather than a salary or retainer. Brokers are independent entities who may act for those whom they represent on a one-time or long-term basis. And they may represent either the buyer or the seller, or occasionally, both parties to a transaction. Some industries use this term synonymously with manufacturer's representative.
A person/entity who collects a fee for finding suitable lessors for companies wishing to lease equipment.
A licensed real estate professional who, typically, represents the seller of a property. A broker's duties might include determining market values, advertising properties for sale, showing properties to prospective buyers, and advising clients with regard to offers and related matters.
An individual who helps to arrange funding or negotiate contracts for a home buyer. Brokers usually charge a fee or receive a commission for their services.
In real estate, it's usually someone who runs an office of real estate agents, although some agents are brokers as well. In lending industry, a broker is typically someone who doesn't loan the money themselves, but finds borrowers, does all the work, and finds the borrower an actual money-lender.
A retail agent who buys and sells power. The agent may also aggregate customers and arrange for transmission, firming and other ancillary services as needed.
An individual or firm which acts as an intermediary between insurance companies and people who are looking for insurance. Most brokers are usually paid by commission. For insurance brokers a license is required.
An individual or firm which acts as an intermediary between insurance companies and people looking for insurance. Brokers are usually paid by commission. For brokers in the insurance industry, a license is required.
An agent who handles the public's orders to buy and sell securities, commodities or other property. A commission is charged for this service. (See: Commission broker, Dealer)
An individual or firm that acts as an intermediary, putting together buyers and sellers for a fee or commission. In contrast, a ‘dealer’ commits capital and takes one side of a position, hoping to earn a spread (profit) by closing out the position in a subsequent trade with another party.
broker is an entity represented by an unanonymous identity that serves to facilitate two or more anonymous identities in an interaction. [See also: Identity Ontology Taxonomy .
A person licensed by the provincial or territorial government to trade in real estate. Real estate brokers may form companies or offices which appoint sales representatives to provide services to the seller or buyer, or they may provide the same services themselves. In parts of Canada, brokers are referred to as agents.
One who assembles individual bales or small lots into larger volumes for others. One who acts as a selling agent for shippers/growers and buyers for mills.
One who is a solicitor of insurance on behalf of his or her clients. Most states require that brokers be licensed as agents.
A licensed person or organization paid by you to look for insurance on your behalf.
A real estate representative who is licensed by the state.
A person who, for a fee or commission, assists in arranging, funding or negotiating contracts for a client. A mortgage broker does not loan money but arranges financing.
Defined in the securities laws as a person in the business of buying and selling securities for the accounts of others. This may be a registered representative of a securities firm, an independent broker-dealer, or a financial planner.
Broker is an intermediary that serves as a go-between for the buyer or seller.
same as an agent, is a licensed insurance representative who is sponsored by a particular life insurance company.
A broker handles investors' orders to buy and sell securities. A broker usually charges a commission for the services he/she provides.
A person who negotiates the sale of tea from one dealer to another and takes a brokerage commission from the seller.
The licensed producer representing a client who negotiates a program with an insurer and TPA.
A broker is a licensed person or organization who considers multiple insurance companies when looking for insurance coverage on your behalf.
a licensed, legal representative of the policyholder who negotiates with insurance underwriters on behalf of the insured, but is paid a commission from the insurance company.
A person licensed by the state to deal in real estate.
An agent who arranges interstate movement of goods by other carriers. An arranger of exempt loads for owner-operators and/or carriers. One who arranges the buying/selling of goods for a commission. A person who leases owned equipment to a carrier.
A Broker is a middle man acting between a client and a market maker – a broker will charge a commission for his services.
A person who is licensed to charge a fee to buy, sell, exchange, or lease real property for others.
An agent who earns income by arranging sales and other contracts. A real estate broker is an individual licensed by the state of California to arrange the sale or transfer of interests in real property for compensation. Back to the Top
agent employed (at a customary or an agreed rate of commission or remuneration) to buy or sell goods, merchandise or marketable securities, or to negotiate insurances, freight rates or other matters, for a principal; the sales or transactions being negotiated not in his own name but in that of the principal.
The intermediary between buyer and seller. Most FOREX brokers are associated with large financial institutions and earn money by setting a spread between bid and ask prices.
A licensed transactor of insurance who represents the client. (See Agent; Bind)
An agent who handles the public's orders to buy and sell securities, commodities or other property. For this service a commission is charged. (See: Commission Broker , Dealer)
an intermediary who acts as an agent for insurers and on behalf of the insured, and who is regulated by a professional body and codes of practice.
(1) An individual who buys or sells securities for customers (a stockbroker). (2) On an exchange, one who executes public orders on an agency basis (a floor broker or commission house broker). (3) As a slang term, a firm that executes orders for others (a brokerage firm).
An independent person whose business it is, for remuneration, usually in the form of commission, to bring together the buyers and sellers of goods or services. See Insurance broker.
A broker is an agent who brings two parties together to do business, and is remunerated by a fee or commission calculated as a percentage of the contract sum.
A person who acts or aids in soliciting, negotiating and procuring insurance on behalf of an insured. However, in the collection of insurance premiums the broker is deemed to be an agent for the company.
(Courtier) A broker is an independent business person who acts on behalf of the insured. The broker may place business with any number of insurers. This individual seeks out clients (insureds) and brings about the most beneficial match between each client and insurer that will best meet the client's insurance needs.
An individual who represents himself or represents a client when the client attempts to purchase insurance.
A person who acts as the representative of the applicant for insurance. Although brokers are compensated with a commission from the insurance company (just like agents), they do not represent the company. Their sole duty is to get the best possible coverage for their clients at the lowest possible cost.
A company or person that arranges lease transactions between lessees and lessors for a fee.
An insurance professional who represents the insured or policyholder. He or she can provide group health quotes.
a professional licensed to buy and sell securities.
A licensed person who negotiates the purchase and sale of real estate of another.
A person who carries out stock market transactions as the agent of the client. A broker is an intermediary who brings a buyer and seller of a given share together.
Typically, a broker sells insurance for a number of different insurance companies, and can give you quotes for each of those companies. If requested, a broker must provide you with the names of all the insurance companies he or she sells car insurance for, and all of the quotes he or she has calculated for you.
An agent who acts as an intermediary between buyer and seller in trading securities, commodities, or other property. He charges a commission for this service.
A Broker is a person who handles transactions within the Forex Market. Forex Brokers work for Brokerages or Clearing Houses, where they charge commissions for implementing trades, purchases, and swaps for investors. Forex Brokers are not affiliated with any specific company or bank; rather they work to ensure the market itself runs smoothly.
An individual or firm that buys or sells mutual funds or other securities for the public.
a person who negotiates the trade of tea
The person responsible for managing local real estate businesses; the broker is responsible for all of it's listings and the acts of his/her real estate agents.
A person licensed by a real estate commission to act independently in conducting a real estate brokerage business. Although requirements for a broker's licenses may vary, an individual must usually have at least one year of experience in the industry and pass an examination.
An intermediary between the shipper and the carrier. The broker arranges transportation for shippers and represents carriers.
An intermediary between the borrower and the lender. The broker represents the borrower to get the best deal.
Licensed representatives who place the insurance of their clients with insurance companies. Compensation for their services consists of commissions paid to them by the insurance companies. They are not agents of the companies, and the commissions they receive are usually lower than that of agents who legally represent the companies.
A Company or person who arranges lease/lease purchase transactions between a Leasing Company and a client for a fee or is paid commission by the Leasing Company.
This is an independent person who gives advice on a range of mortgage deals on offer from various financial institutions. They charge a fee or receive commission for providing their services.
Mortgage Broker - Arranges financing for a borrower by placing loans with lenders. Mortgage brokers are paid a fee by the borrower or the lender when a loan closes. Real Estate Broker - An individual who often owns a real estate company or is in a management position, and who is licensed to represent a buyer or a seller in a real estate transaction.
A state-licensed agent who, for a fee, acts for property owners in real estate transactions, within the scope of state law.
An intermediary between a customer and an insurance company. Brokers typically search the market for coverage appropriate to their clients. They work on commission and usually sell commercial, not personal, insurance. In life insurance, agents must be licensed as securities brokers/dealers to sell variable annuities, which are similar to stock market-based investments.
An individual in the business of assisting in arranging funding or negotiating contracts for a client buy who does not loan the money himself. Brokers usually receive a commission for their services paid by the lender.
Refers to an agent who handles the orders of investors to purchase and sell securities, commodities, insurance policies or other property. The provision of this service attracts a brokerage (see below).
An individual who brings buyers and sellers together and assists in negotiating contracts for a client.
An individual or a firm that brings together buyers and sellers but does not take a position in the asset to be exchanged.
A business entity that lists properties with the MLS. Agents associate with Brokers for the purpose of conducting real estate sales. An Office may also be a Broker in cases where the Broker operates a single business Office; however, the converse is not always true - Large Brokers that operate multiple Offices are considered separate entities with respect to yepHomes.com.
A company, other than a pipeline or LDC, that introduces sellers and buyers in the hopes of completing a transaction. The broker's profit is a portion of the seller's margin. Unlike a marketer, a broker does not take title to any gas.
Any person who is not a dealer but who arranges the packaging, shipping, sale, or distribution of molluscan shellfish without taking ownership or physical custody of the shellfish. (3)
A licensed facilitator in a transaction (or... someone who is normally "broker" than you).
An individual who does not who does not fund loans himself, but facilitates the funding and negotiates the contracts for a client.
An intermediary who identifies, and places, customers requiring a loan or mortgage etc. with a company (Lender) able to provide it. The broker undertakes all the applicants research and carries out the administration involved in processing the loan.
A person who, for a fee, acts as the agent of another, assisting in arranging funding or negotiating contracts for a client's purchase of real estate.
Any person who sells transportation without actually providing it. A person who arranges for transportation of loads for a percentage of the revenue from the load.
Brokers are licensed agents who represent multiple carriers who are legally bound to serve the best interests of their clients.
an intermediary who matches up buyers and sellers in a particular market, for which they charge a fee (or brokerage)
a person who acts on behalf of a company to sell its products or services... a broker is typically compensated on a commission only basis... also see agent.
A person who represents the insurance buyer, not the insurance company or agent, and helps a buyer obtain the proper insurance coverage.
An individual that assists or negotiates loans for a client. Loan funding is provided through third party providers with agreements with the Broker.
A firm, licensed by the commission, that acts as an agent or "middle man" in the sale and purchases of electricity but never owns the electricity and typically does not own generating facilities.
A person that represents another for a fee in real estate transactions. Real Estate brokers help consumers locate suitable real estate and are paid a fee for their services.
An intermediary between the lessee and lessor. The broker arranges a leasing transaction. The broker is usually paid some fee by the leasing company for its services.
an intermediary that specialises in the arrangement of financial products such as insurance or credit. Intermediaries can either be tied to a panel of providers, or completely independent.
An independent agent who represents the insurance buyer rather than the insurance company.
Person licensed to represent homebuyers or sellers for a fee.
The terms "broker" and "agent" are defined by the various State Departments of Insurance. A broker (a term typically applied to those selling property and casualty insurance) is deemed to primarily represent the customer and not the insurance company. A broker generally represents more than one insurance company, and the broker's compensation is generally paid as a commission by the insurer with whom the policy has been written.
A person paid a fee or commission for acting as an agent in making contracts, sales or purchases. In futures trading, the term may refer to (1) a floor broker--a person who actually executes orders on the trading floor of an exchange; or (2) an account executive or associated person--the person who deals with customers in the offices of a futures commission merchant or introducing broker; or (3) a futures commission merchant or introducing broker.
An intermediary who finds and places customers who need a loan or mortgage with the lender most suitable to provide it. The broker normally carries out all administration and paperwork to do with processing the loan.
an individual that assists another in arranging funding but does not loan the money himself; also, an individual assisting another in negotiating contracts, such as for interest rates and terms of a mortgage, for a client. Brokers usually receive a commission or fee for their services.
Person who acts as an agent or intermediary in negotiating contracts.
Someone who helps negotiates or arranges but does not make the loan.
A licensed person or organization you can pay to shop for insurance on your behalf.
A person or firm that acts as an intermediary between buyers and sellers of securities, never taking market risk.
Someone who acts as an intermediary between the borrower and the lender in mortgage lending for example.
Licensed insurance salesperson who obtains quotes and plan from multiple sources information for clients.
The intermediary who, as agent of the insured or reinsured, negotiates the contract with the insurer or reinsurer.
An individual or firm that can act as an agent for or intermediary between a buyer and a seller of a security, usually for a fee. Brokers can also purchase or sell securities for their own accounts, in this case, they act as principals rather than agents.
A person or firm that acts on another's behalf.
An individual who assists in arranging funding or negotiating contracts for a client but does not loan money himself.
A person paid a fee or commission for acting as a agent in making contracts or sales.
A person licensed to act as an agent for another in negotiating the sale, purchase, of real property in return for a fee or commission.
licensed insurance salesperson who obtains quotes and plans from multiple sources and provides this information to clients.
An intermediary. An individual or organization in-between the person/organisation that controls the funds and the provider/trader. A broker often knows someone who knows somebody else who may provide program trading. This chain of brokers is known in the business as a "daisy chain". There are thousands of "want-to-be”-, "hope-to-be”- and "wish-they-were” brokers in the high-yield business who are giving the industry a bad name.
A person who acts as a conduit between two parties. A real estate broker is licensed to handle property transactions. A mortgage broker matches, for a specific fee, borrowers to lenders and loan programs.
A professional who arranges financing and contracts with a lender and client. Brokers typically do not loan the money themselves and usually charge a fee or receive a commission for their services.
Anyone who sells financial products. A stockbroker sells stock, an insurance broker sells insurance and so on.
An agent who brings together a buyer and a seller, or a landlord and a tenant, in a real estate transaction. All brokers must be licensed by the state in which they work. Most brokers work on commission, and the landlord or seller usually pays the fee.
sometimes used interchangeably with "agent" in insurance, but an insurance agent is generally considered to primarily represent the insurance company, while a broker represents the applicant/insured. An insurance agent may act as a broker in some cases - most commonly, when he or she is trying to place (or "broker") coverage with a company with whom he is not appointed.
A person or firm that charges a fee or commission to act as an intermediary between buyers and sellers of securities or property.
An agent, often a member of a stock exchange firm, who executes public orders to buy and sell securities and commodities. For this service a commission is usually charged. Brokers are agents working on commission and not principals or agents acting on their own account.
A mortgage broker takes applications from consumers and delivers them to a lender which will underwrite and make the loan. A real estate broker lists properties that are for sale and helps bring buyers and sellers together and assists in negotiating contracts between them.
individual who brings parties together and assists in negotiating contracts between them for a commission or a fee.
A professional who assists borrowers in finding lenders, arranges and negotiates mortgages in their behalf.
A financial professional who sells insurance or securities, and oversees a client’s insurance or investment portfolio.
Middlemen or agent authorized to buy or sell on behalf of a client.
An agent who charges commission to manage investor’s decisions to buy and sell stocks, commodities or other property.
In reference to bonds, technically a broker is a bond trader in the secondary market buying from and selling to bond dealers. Its most common usage is as a description of a bond salesperson.
A person employed by another for a fee to carry on any of the activities listed in the license law definition of a Broker, including selling, buying, leasing or negotiating the sale of real property.
(Leasing based) A value added middleman who brings together lessors, lessees, and vendors for the purpose of executing a transaction and who receives a commission for such service.
A person who earns a commission or fee for bringing together buyers and sellers of real estate, or borrowers and lenders of mortgages.
(1) A commissioned sales agent who is under contract to and sells the insurance products of more than one insurance company. (2) For a career agent, to submit insurance applications to companies other than the agent's own company.
Person licensed by the province to represent another for a fee in real estate transactions.
Agent who supplies printing from many printing companies.
as in real estate broker: A real estate professional who has acquired a higher level of training and/or experience than a sales agent. Generally, the legal representative or proprietor of the office.
a member of a stock exchange firm or an exchange member who handles orders to buy and sell securities and commodities for a commission
One who acts as an intermediary between the buyer ... Add a comment
Is an individual or company who enables or executes buy and sell orders for investors.
In the electricity market, the broker is a middleman be-tween the market participants and connects the buyers and sellers. The broker is independent and does not actively pursue any open physical or financial position.
Zander Properties is a broker, an intermediary who brings purchasers together with vendors for specific purposes. As a mortgage broker as well, we can also bring borrowers together with lenders. We charge a percentage of the contract price as a fee. We have the pecific required professional designation and training to become a Real Estate Broker.
An intermediary who assists in negotiating contracts between two or more parties, for a fee; in real estate, a broker is licensed to assist in the purchase, selling, rental or managing of real estate; the broker's services will vary, depending on whether
There are 3 definitions for the term "broker": 1) an enterprise that owns & leases equipment 2) an enterprise that arranges the buying & selling of transp., goods, or services 3) a ship agent who acts for the ship owner or charterer in arranging charters.
A licensed person, acting for himself or herself, who does real estate acts for compensation or in expectation of compensation. He/She is the employer of the sales associates and is paid directly by the client.
An independent person or firm who acts on behalf of the insured in placing business with insurance companies.
An individual, partnership or corporation which arranges transportation service for client companies.
A person who arranges transportation for another. Also see "transportation broker."
A licensed insurance representative who does not represent a specific company, but places business among various companies. Legally, the broker is usually regarded as a representative of the insured rather than the company.
In insurance, a salesperson who represents the client in finding insurance coverage from any of several insurance companies, and who has no exclusive contract requiring that all the business first be offered to any particular company.
A body that is able to make products available to you. Some brokers are able to access products from various companies and can therefore compare criteria easily for you. There are many types of brokers, for example a loans broker will act as an intermediary between the borrower and the lender.
A professional who assists in arranging funding or negotiating contracts for a client but who does not loan the money himself. Brokers usually charge a fee or receive a commission for their services, whether from the borrower, or in most cases, from the lender.
An intermediate person or organization who buys or sells financial products on behalf of a consumer. Within the financial industry there are mortgage brokers, investment dealers, insurance agents, etc. who focus on delivering personal service to their clients. In some cases these brokers work for a single company (e.g. a State Farm Agent will only sell financial products from State Farm) while in other cases these agents will sell multiple products from multiple companies. In most cases these financial brokers are licensed by a specific regulatory body. · See Also · Agent · Managing General Agent
A person who acts as an intermediary between two other persons, enabling them to complete a trade together.
A person paid a fee or commission for executing buy or sell orders for a customer. In commodity futures trading, the term may refer to: (1) Floor Broker - a person who actually executes orders on the trading floor of an exchange; (2) Account Executive or Associated Person - the person who deals with customers in the offices of Futures Commission Merchants; or (3) the Futures Commission Merchant.
A professional full-time independent agent or intermediary.
A state-licensed agent who, for a commission or a fee, represents property owners in real estate transactions.
An entity that arranges buy/sell transactions without taking ownership of the commodity.
A person paid a fee or commission for executing the buy or sell orders of a customer. In futures trading, the term may refer to one of several entities:Floor broker - a person who actually executes the trade in the trading pit or electronically;Account executive (AE), Associated Person (AP), or Registered Commodity representative (RCR) - the person who deals with customers in Futures Commission Merchant (FCM) offices; andFCM - a firm or person engaged in executing orders to buy or sell futures contracts for customers.A full-service broker offers market information and advice to assist the customer in trading. A discount broker simply executes orders for customers.
One who represents an insured and who may render solicitation, negotiation, or services that deal with a contract of insurance on behalf of the insured.
brings buyers and sellers together by negotiating contracts and acting as an intermediary for a fee.