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broker

Pronunciation: /ˈbrəʊkə/

Translate broker | into French | into German | into Italian | into Spanish

Definition of broker

noun

a person who buys and sells goods or assets for others: the centralized lenders operate through brokersCompare with broker-dealer.

verb

[with object]

arrange or negotiate (an agreement):fighting continued despite attempts to broker a ceasefire

Origin:

Middle English (denoting a retailer or pedlar): from Anglo-Norman French brocour, of unknown ultimate origin

The term broker was officially replaced in the UK Stock Exchange by broker-dealer in 1986, broker-dealers being entitled to act both as agents and principals in share dealings.