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broker
Sign in to savethumb|250px|Brokers on the floor of the New York Stock Exchange, 1908 A broker is a person or entity that arranges transactions between a buyer and a seller. This may be done for a commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Neither role should be confused with that of an agent—one who acts on behalf of a principal party in a deal.
A broker is a person or company that arranges deals between buyers and sellers, typically earning a commission when the transaction is completed. Brokers matter because they facilitate exchanges in markets like stocks and real estate by connecting parties who want to trade with each other.
AI-generated from the Wikipedia summary — may contain errors.
In the Vinony graph
Vinony's link graph records 1,364 inbound references to broker, and connects out to International Standard Book Number, stock exchange and New York Stock Exchange.
It is catalogued under the topic Financial services occupations.
Vinony links it to 53 Wikipedia language editions.
Wikidata facts
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- NY stock exchange gsc 5a30622.jpg
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- female form of label
- brokeriță
- Commons category
- Brokers
- male form of label
- broker
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Encyclopedic overview
5 sectionsContents
- Definition
- Etymology
- References
- Further reading
- External links
thumb|250px|Brokers on the floor of the New York Stock Exchange, 1908 A broker is a person or entity that arranges transactions between a buyer and a seller. This may be done for a commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Neither role should be confused with that of an agent—one who acts on behalf of a principal party in a deal.
==Definition== A broker is an independent party whose services are used extensively in some industries. A broker's prime responsibility is to bring sellers and buyers together and thus a broker is the third-person facilitator between a buyer and a seller. An example would be a real estate broker who facilitates the sale of a property.
Excerpted from Wikipedia’s “broker” article, available under the CC BY-SA 4.0 licence.