Who is a Broker

Sunday, 05 December 2010 17:14
Hits: 1087

A broker is somebody who acts as a middleman between somebody who is buying something--usually an investment in the Wall Street sense of the word--and somebody who is selling the same thing. The broker charges a fee, called a commission, for matching up the buyer and the seller.

A commodity broker is somebody who matches up buyers and sellers of commodities, that is, of actual physical goods.

Last Updated on Sunday, 05 December 2010 17:20

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