Broker:
One who buys
and sells bonds and other financial assets. He is employed by other people on
account of his knowledge of market conditions and procedures and because of his
expert knowledge of the commodity dealt in. A Broker is usually paid commission
for his services, known as 'brokerage'.
Brokerage:
A fixed cost
which is charged by the broker for cash of investment or encashment of bonds
and other financial assets.
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