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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.
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Wikidata facts
- Instance of
- profession
- Subclass of
- businessperson
- Image
- NY stock exchange gsc 5a30622.jpg
Show 5 more facts
- described by source
- Granat Encyclopedic Dictionary
- female form of label
- brokeriță
- different from
- Broker
- Commons category
- Brokers
- male form of label
- broker
Sources (2)
via Wikidata · CC0