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Broker - Law Dictionary Search Results

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real estate agent

agent an individual who is licensed to negotiate and arrange real estate sales; works for a real estate broker. Source: U.S. Department of Housing and Urban Development

Proxenetism

The action of a go between or broker in negotiating immoral bargains between the sexes procuring

short

profit from an anticipated drop in the price of a security or commodity. Typically, an investor directs a broker to borrow a quantity of stocks and to sell them at the current price. If the price drops,

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surplus line

insurance provided by a company not authorized to do business in the state except through a specially licensed broker NOTE: Surplus line insurance can only be purchased if efforts to acquire suitable insurance from authorized companies are

realtor

realtor a real estate agent or broker who is a member of the NATIONAL ASSOCIATION OF REALTORS, and its local and state associations. Source: U.S.

Brokerage

The business or employment of a broker

Go between

A negotiator who acts as a link between parties an intermediate agent a broker a procurer sometimes in a disparaging sense

Brokery

The business of a broker

margin call

A demand by a broker that a customer deposit enough to bring his margin up to the minimum requirement caused by the decline

margin account

An account with a securities brokerage in which the broker extends credit

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