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broker

play
noun bro·ker \ˈbrō-kər\

Simple Definition of broker

  • : a person who helps other people to reach agreements, to make deals, or to buy and sell property (such as stocks or houses)

Source: Merriam-Webster's Learner's Dictionary

Full Definition of broker

  1. 1 :  one who acts as an intermediary: as a :  an agent who arranges marriages b :  an agent who negotiates contracts of purchase and sale (as of real estate, commodities, or securities)

  2. 2 :  power broker

  3. 3 :  one who sells or distributes something <an information broker>

broker

verb

Examples of broker in a sentence

  1. <the broker in the hostage situation was a prominent reporter that the gunman felt he could trust>

  2. <all of the local yacht brokers were at the boat show>



Origin and Etymology of broker

Middle English, negotiator, from Anglo-French brocour


First Known Use: 14th century

Rhymes with broker



BROKER Defined for Kids

broker

play
noun bro·ker \ˈbrō-kər\

Definition of broker for Students

  1. :  a person who acts as an agent for others in the buying or selling of property




Law Dictionary

broker

play
noun bro·ker \ˈbrō-kər\

Legal Definition of broker

  1. :  an agent who negotiates contracts of sale (as of real estate or securities) or other agreements (as insurance contracts or mortgages) between the parties for a fee or commission — compare dealer, finder



Additional Notes on broker

An insurance broker differs from an insurance agent in that a broker is usually considered an agent of the insured, even though he or she may receive a commission from an insurance company. A broker may sell the products of a number of insurers, and an insurer has no liability for a broker's wrongful actions. A securities broker often acts also as a dealer and so is often referred to as a broker-dealer.



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