Related Words

Broker Cooperation: Working with outside licensed real estate brokers who have prospective tenants in exchange for a finders fee or commission split.

Insurance Broker: The insurance company representative and adviser who sells insurance policies.

Introducing Broker (IB): An introducing broker (IB) is a person or firm that takes orders to buy or sell futures contracts from clients and passes those orders to a futures commission merchant (FCM) for execution. P . . . View Full Definition

Lender Paid Compensation To Broker: This is also called the Yield Spread Premium. Fee which the lender pays to the mortgage broker for obtaining the loan for his client.

Listing Broker: The broker in a multiple-listing situation from whose office a listing agreement is initiated, as opposed to the cooperating broker, from whose office negotiations leading up to a sale are i . . . View Full Definition

Knowledge Broker: The individual who facilitates the creation, sharing and use of knowledge in an organization by linking individuals with providers.

Institutional Brokers Estimate System (IBES): A broker who buys and sells securities for institutional investors such as banks, and mutual funds, pensions.

Gross Per Broker: Applies mainly to convertible securities and international equities. Antithesis of net parity. For the price of a convertible, including accrued interest. For the price of international secu . . . View Full Definition

Full-Service Brokerage Firm: Full-service brokerage firms usually offer their clients a range of services in addition to executing their buy and sell orders. These firms usually have full-time research departments and i . . . View Full Definition

Independent Broker: A certified public accountant operating outside the company who can provide an accountant's opinion.