Broker is a stockerbroker works for a brokerage firm, and acts as an agent, handling client orders to buy or sell stocks, bonds, commodities, and options in return for a commission. Brokers are licensed in the state where they work and must be registered on the exchange or market where they work. They must also pass a uniform examination administered by the National Association of Securities Dealers (NASD). Many brokers provide a range of investor services, including financial planning and advice on specific buy and sell decisions. A real estate broker represents the seller in a real estate transaction and receives a commission on the sale. A mortgage or insurance broker acts as an intermediary to find the best mortgage or insurance policy for his or her client and also receives a commission.
| APA | Barry Goldsmith. (2010). broker. Retrieved September 23, 2026, from http://smartdefine.org/broker/definitions/1148984 |
| Chicago | Barry Goldsmith. 2010. "broker" http://smartdefine.org/broker/definitions/1148984 (accessed September 23, 2026). |
| Harvard | Barry Goldsmith 2010, broker, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/broker/definitions/1148984>. |
| MLA | Barry Goldsmith. "broker" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/broker/definitions/1148984> |