Definition, Meaning & Synonyms
broker
noun
/ˈbroʊ.kər/
Definition
A broker is a person or entity that buys and sells assets for others, usually in exchange for a commission or fee.
Examples
- A real estate broker helps clients buy and sell properties.
- The stockbroker provided valuable insights before we made our investment.
- She works as an insurance broker, assisting clients in finding the right coverage.
Meaning
The main role of a broker is to facilitate transactions between buyers and sellers in various markets, such as real estate, stocks, or commodities.
Synonyms
- agent
- intermediary
- dealer
- middleman
