Business / Finance / Commission Broker: The fee paid to a broker to execute a trade, based on number of shares, bonds, options, and/or their dollar value. In 1975, deregulation led to the establishment of discount brokers, who charge lower commissions than full service brokers. Full service brokers offer advice and usually have a staff of analysts who follow specific industries. Discount brokers simply execute a client's order and usually do not offer an opinion on a stock. Also known as a round-turn.
Broker Noun Synonyms: stockbroker, agent, dealer, middleman, intermediary, go-between, stockjobber
Business / Loan / 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. MORE
Business / Human Resources (HR) / Knowledge Broker: The individual who facilitates the creation, sharing and use of knowledge in an organization by linking individuals with providers. MORE
Health / Dentistry / Joint Commission On Accreditation Of Healthcare Organizations (JCAHO): The JCAHO is an independent, not-for-profit organization whose mission is to improve the quality of care provided to the public through the provision of health care accreditation and related services MORE