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Encyclopedia > Brokerage

In commerce, a broker is a party that mediates between a buyer and a seller. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Distinguish agent: one who acts on behalf of a principal.


A brokerage is a firm that acts as a broker.


See also:

In computing, a broker consists of software which mediates between two objects: typically between a client and a server or between a repository and a requestor or caller. See for example:



  Results from FactBites:
 
NatCity Investments, Inc. offers investment services you need - Wealth - National City Corporation (173 words)
NatCity Investments, Inc. is the full-service brokerage and advisory subsidiary of National City Corporation.
The convenience of full-service checking and brokerage capabilities in one account.
Brokerage products and services are offered through NatCity Investments, Inc., a registered broker dealer, member NASD and SIPC, and subsidiary of National City Corporation.
Brokerage clerks (602 words)
Brokerage clerks perform a number of different jobs with wide-ranging responsibilities; all involve computing and recording data pertaining to securities transactions.
Brokerage clerks in the operations areas of securities firms perform many duties to facilitate the sale and purchase of stocks, bonds, commodities, and other kinds of investments.
Employment of brokerage clerks is expected to decline through the year 2012, as technological advancements continue to automate many of their job duties.
  More results at FactBites »

 

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