Broker
Term · Law · MLC-T-LAW-000786
An individual or firm that acts as an intermediary between a buyer and a seller in a transaction, typically for a commission. Brokers do not take title to the goods or services themselves but facilitate the exchange. Real estate brokers, stockbrokers, and insurance brokers are common examples.
| Identifier | MLC-T-LAW-000786 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-000786",
"term": "Broker",
"field": "Law",
"definition": "An individual or firm that acts as an intermediary between a buyer and a seller in a transaction, typically for a commission. Brokers do not take title to the goods or services themselves but facilitate the exchange. Real estate brokers, stockbrokers, and insurance brokers are common examples.",
"url": "https://mlchart.com/terminology/law/broker/"
}
Record 590 of 5,441 in Law terminology (MLC-0107). Request the full dataset.