Broker

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A broker is a person that mediates between two or more parties (Often a buyer and seller) in negotiating the Transaction process, Terms & Conditions, etc... A Broker may also be described as an agent who buys or sells for a principal on a commission basis without having title to the property.======

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1) A Stock Broker is one who buys and sells shares and other securities through market makers on behalf of investors. A Stock Broker typically provides three services; //Execution Only//, which the broker will only buy or sell according to the clients instructions. //Advisory Dealing//, the broker advises the client on what shares to buy or sell, but leaves the final decision up to the client. //Discretionary Dealing//, the broker learns of the clients investment objectives and then makes all investment decisions on the clients behalf.======

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2) A sales representitive for a manufacturer may act as a broker between the seller and a potential buyer/retailer. This person will negotiate price, shipping, quantity, and contractual terms, all while earning a predetrmined sum or commission.======

Sources: [|http://www.encyclopedia.com/topic/broker.aspx]