Question

What is brokerage........???

Answer 1

Brokerage: When share certificates or debentures or government securities are transacted through an agent, the agent takes a commission in each transaction.

The commission charged by the agent is called brokerage and the agent is called a broker.

If transaction are made through a broker -

➠ Amount to be paid by the buyer = Market value + Brokerage.

➠ Amount to be paid by the seller = Market value - Brokerage

Answer 2

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❤✌In order to invest in the stock market, he needs to use the services provided through a brokerage firm. Brokerage firms are financial institutions that help you buy and sell securities. They act as the middle man between the buyer and seller.

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