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Health Topics, Conditions and Illnesses > Broker

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Broker
Broker
Broker
Broker
Broker

What is Broker? A Basic Definition

Broker \Bro"ker\ (br[=o]"k[~e]r), n. [OE. brocour, from a
         word
   akin to broken, bruken, to use, enjoy, possess,
         digest, fr.
   AS. br[=u]can to use, enjoy; cf. Fries.
         broker, F.
   brocanteur. See Brook, v. t.]
   1. One who
         transacts business for another; an agent.
      [1913
         Webster]

   2. (Law) An agent employed to effect bargains
         and contracts,
      as a middleman or negotiator, between
         other persons, for a
      compensation commonly called
         brokerage. He takes no
      possession, as broker, of the
         subject matter of the
      negotiation. He generally
         contracts in the names of those
      who employ him, and
         not in his own. --Story.
      [1913 Webster]

   3. A
         dealer in money, notes, bills of exchange, etc.
      [1913
         Webster]

   4. A dealer in secondhand goods. [Eng.]
    
          [1913 Webster]

   5. A pimp or procurer. [Obs.]
         --Shak.
      [1913 Webster]

   Bill broker, one who
         buys and sells notes and bills of
      exchange.

  
         Curbstone
         broker or Street
         broker, an operator in
         stocks
      (not a member of the Stock Exchange) who
         executes orders
      by running from office to office, or
         by transactions on
      the street. [U.S.]

   {Exchange
         broker}, one who buys and sells uncurrent money,
      and
         deals in exchanges relating to money.

   {Insurance
         broker}, one who is agent in procuring insurance
      on
         vessels, or against fire.

   Pawn broker. See
         Pawnbroker.

  
         Real estate
         broker, one who buys and
         sells lands, and
      negotiates loans, etc., upon
         mortgage.

   Ship
         broker, one who acts as agent in
         buying and selling
      ships, procuring freight, etc.


           Stock broker. See
         Stockbroker.
     
         [1913 Webster]

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Off-site Broker Links, User Submitted

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Wed Jan 7

Tue Jan 6

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Off-site Broker Research Links

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