commission broker meaning
- [Business]
noun [C](Stock Exchange )
a person who buys and sells shares, bonds, etc. for other people and is paid a percentage of their value for this service
SYN BROKER
[Economics]
In the USA, a stock-exchange dealer who executes orders to buy or sell securities on payment of a fee or a commission based on the value of the deal.
[Finance]
A broker on the floor of an exchange who acts as agent for a particular brokerage house and buys and sells stocks for the brokerage house on a commission basis.
- broker: Noun: broker ...
- commission: Noun: commission&n ...
- in commission: [American slang]ad ...
Examples
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- The commission broke off talks a week ago after failing to agree on extending the truce, which is routinely violated.
- In a number of less spectacular cases in the United States, the Securities and Exchange Commission broke new ground in enforcement.
- Using a full-commission broker eats into returns, Spangler said, an expense the self-educated Smith no longer needs.
- On the way to Stavelot, the carriage of the commission broke down, and Delvaux claimed that a demon had destroyed it.
- The commission broke off talks a week ago after failing to agree on extending the cease-fire accord, which is routinely violated.