Exchange broker

Exchange broker
Broker Bro"ker (br[=o]"k[~e]r), n. [OE. brocour, from a word akin to broken, bruken, to use, enjoy, possess, digest, fr. AS. br[=u]can to use, enjoy; cf. Fries. broker, F. brocanteur. See {Brook}, v. t.] 1. One who transacts business for another; an agent. [1913 Webster]

2. (Law) An agent employed to effect bargains and contracts, as a middleman or negotiator, between other persons, for a compensation commonly called brokerage. He takes no possession, as broker, of the subject matter of the negotiation. He generally contracts in the names of those who employ him, and not in his own. --Story. [1913 Webster]

3. A dealer in money, notes, bills of exchange, etc. [1913 Webster]

4. A dealer in secondhand goods. [Eng.] [1913 Webster]

5. A pimp or procurer. [Obs.] --Shak. [1913 Webster]

{Bill broker}, one who buys and sells notes and bills of exchange.

{Curbstone broker} or {Street broker}, an operator in stocks (not a member of the Stock Exchange) who executes orders by running from office to office, or by transactions on the street. [U.S.]

{Exchange broker}, one who buys and sells uncurrent money, and deals in exchanges relating to money.

{Insurance broker}, one who is agent in procuring insurance on vessels, or against fire.

{Pawn broker}. See {Pawnbroker}.

{Real estate broker}, one who buys and sells lands, and negotiates loans, etc., upon mortgage.

{Ship broker}, one who acts as agent in buying and selling ships, procuring freight, etc.

{Stock broker}. See {Stockbroker}. [1913 Webster]


The Collaborative International Dictionary of English. 2000.

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Look at other dictionaries:

  • Exchange broker — exchange ex*change ([e^]ks*ch[=a]nj ), n. [OE. eschange, eschaunge, OF. eschange, fr. eschangier, F. [ e]changer, to exchange; pref. ex out + F. changer. See {Change}, and cf. {Excamb}.] 1. The act of giving or taking one thing in return for… …   The Collaborative International Dictionary of English

  • exchange broker — A broker who makes and concludes bargains for others in matters of money or merchandise; learns the rate of exchange, and notifies his employers. Portland v O Neill, 1 Or 218, 219. A broker who negotiates bills of exchange drawn on foreign… …   Ballentine's law dictionary

  • exchange broker — financial agent or intermediary dealing with the stock market …   English contemporary dictionary

  • foreign exchange broker — intermediaries ( intermediary) in the foreign exchange market that do not put their own money at risk. Bloomberg Financial Dictionary * * * foreign exchange broker foreign exchange broker ➔ broker1 * * * foreign exchange broker UK US noun [C]… …   Financial and business terms

  • broker — bro·ker / brō kər/ n: 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 ◇ An insurance broker… …   Law dictionary

  • Broker — Bro ker (br[=o] k[ e]r), n. [OE. brocour, from a word akin to broken, bruken, to use, enjoy, possess, digest, fr. AS. br[=u]can to use, enjoy; cf. Fries. broker, F. brocanteur. See {Brook}, v. t.] 1. One who transacts business for another; an… …   The Collaborative International Dictionary of English

  • exchange — ex*change ([e^]ks*ch[=a]nj ), n. [OE. eschange, eschaunge, OF. eschange, fr. eschangier, F. [ e]changer, to exchange; pref. ex out + F. changer. See {Change}, and cf. {Excamb}.] 1. The act of giving or taking one thing in return for another which …   The Collaborative International Dictionary of English

  • foreign-exchange broker — A broker who specializes in arranging deals in foreign currencies on the foreign exchange markets Most transactions are between commercial banks and governments. Foreign exchange brokers do not normally deal direct with the public or with firms… …   Big dictionary of business and management

  • exchange — [eks chānj′, ikschānj′] vt. exchanged, exchanging [ME eschaungen < OFr eschangier < VL * excambiare: see EX 1 & CHANGE] 1. a) to give, hand over, or transfer (for another thing in return) b) to receive or give another thing for (something …   English World dictionary

  • foreign exchange broker — /ˌfɒrɪn ɪks tʃeɪndʒ ˌbrəυkə/, foreign exchange dealer noun a person who deals on the foreign exchange market …   Dictionary of banking and finance

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