DEFINE: BROKER, COMMISSION.
Answers
Answered by
0
Answer:
Brokerage commission is the cash you pay to some financial advisors for recommending and selling you an investment. Commissions are taken from the money you invest; a 5% commission eats up $500 of a $10,000 investment, leaving $9,500 to actually invest. In the mutual-fund world, a commission is called a load.
Answered by
0
Defining a Commission Broker.
Explanation:
A commission broker seems to be a trading company contractor or worker who earns remuneration for either the number of transactions she does. The contract framework can allow unethical contract brokers to act unethically.
- They typically assign exclusive work of the investment or brokerage business to clients.
- Provide recommendations according to what commodities should purchase and sell.
Learn more:
Agents...
https://brainly.in/question/4100506
Similar questions