broker

broker An agent who brings two parties together, enabling them to enter into a contract to which the broker is not a principal. The broker’s remuneration consists of a brokerage, usually calculated as a percentage of the sum involved in the contract but sometimes fixed by a tariff. Brokers are used because they have specialized knowledge of certain markets or to conceal the identity of a principal, in addition to introducing buyers to sellers. Seeaviation broker; bill broker; commodity broker; insurance broker; shipbroker; stockbroker.

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