broker-dealer — USA Most securities firms function as both a broker and dealer, so they are referred to as broker dealers. A broker is any person engaged in the business of effecting transactions in securities for the account of others in exchange for a fee or… … Law dictionary
broker-dealer — Any person, other than a bank, engaged in the business of buying or selling securities on its own behalf or for others. Bloomberg Financial Dictionary See: dealer. Bloomberg Financial Dictionary A member of the Stock Exchange who may trade with… … Financial and business terms
broker-dealer — noun a financial specialist who trades for his own account and so acts both as a broker and principal • Hypernyms: ↑principal, ↑dealer * * * ˈbroker dealer f54 [broker dealer broker dealers] noun … Useful english dictionary
broker/dealer — See dealer Exchange Handbook Glossary An Exchange member firm, which provides advice and dealing services to the public and can deal on its own account. London Stock Exchange Glossary … Financial and business terms
broker-dealer — noun (in the UK) a person combining the former functions of a broker and jobber on the Stock Exchange (now the official term on the UK Stock Exchange) … English new terms dictionary
broker-dealer — 1) An agent for buyers and sellers who also trades on his or her own account. 2) A member of the London Stock Exchange who, since the Big Bang, has functioned both as a stockbroker and a jobber, but only in a single capacity in one particular… … Big dictionary of business and management
broker — bro·ker / brō kər/ n: an agent who negotiates contracts of sale (as of real estate or securities) or other agreements (as insurance contracts or mortgages) between the parties for a fee or commission compare dealer, finder ◇ An insurance broker… … Law dictionary
dealer — deal·er n: one that deals; specif: a person or entity that buys and sells securities for his or her or its own account and not for others compare broker Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
broker — as a Stock Exchange term, was replaced in the UK in 1986 by broker dealer (which reflects increased responsibilities), although broker will still be found in informal use … Modern English usage
broker — A company or individual that executes futures and options orders on behalf of financial and commercial institutions and/or the general public. Chicago Board of Trade glossary An agent who executes trades (buy or sell orders) for customers. He… … Financial and business terms
