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broker
running broker
A Dictionary of Business and Management
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2006
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© A Dictionary of Business and Management 2006, originally published by Oxford University Press 2006. (Hide copyright information)
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running broker A bill broker who does not himself discount
bills of exchange but acts between bill owners and discount houses or banks on a commission basis.
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Brokers Should Disclose Contingency-Fee Deals
Magazine article from: National Underwriter Property & Casualty-Risk & Benefits Management; 6/1/1998; 700+ words
; ...largest global brokers. When a mega-broker acts purely as...are with their broker's relationship...speaking, individual brokers and clients will...payment to the broker. Other arrangements...when insurers pay brokers for placing a certain...
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Brokers to go broke?(diamond brokers and Israel's Central Selling Organization)
Magazine article from: Israel Business Today; 5/19/1996; 700+ words
; ...always existed. Brokers get no protection from the CSO as, if a broker switch is effected...appreciated by the brokers themselves. "The CSO broker fulfills a function...CSO," said one broker. Today, there are six brokers worldwide -- W...
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Brokers see change, but also more of same. (insurance brokers)(Spotlight Report: 25th Annual Agent/Broker Profiles Issue)(Industry Overview)
Magazine article from: Business Insurance; 7/22/1996; ; 700+ words
; ...topped all other U.S. brokers. A broker with that much in revenue...revenues for one of those two brokers, Alexander & Alexander...slid only because the broker sold some operations. Among all 240 brokers listed in this year's...
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Brokers Should Disclose Contingency-Fee Deals.
Magazine article from: National Underwriter Property & Casualty-Risk & Benefits Management; 6/1/1998; 700+ words
; ...largest global brokers. When a mega-broker acts purely as...are with their broker's relationship...speaking, individual brokers and clients will...payment to the broker. Other arrangements...when insurers pay brokers for placing a certain...
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Brokers As Fiduciaries- Much Ado About Nothing; The lines between the two standards are really a distinction without a difference.(Street Scene)
Magazine article from: On Wall Street; 12/1/2009; 700+ words
; ...making noise about brokers not being fiduciaries...Others claim that broker-dealers are free...services of a retail broker. Merging the two...full circle. Retail brokers have a fiduciary...law that requires brokers to conduct themselves...law that requires a broker to do that which...
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Broker not required to explain why carrier declined to offer quote
Magazine article from: American Agent & Broker; 9/1/2003; ; 700+ words
; ...the best rates, the broker asked various insurers...from other insurance brokers. In 1995, the company...and the aforementioned broker, among others, responded...rely exclusively on the broker to obtain insurance...used other insurance brokers to obtain quotes, which...
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Brokers PI: Disclosure Of Commission And Competing In Tenders.(Union Industrielle de Credit)(Aon Corp.)(Case overview)
News Wire article from: Mondaq Business Briefing; 7/30/2007; 700+ words
; ...considered the disclosure of brokers' commission and the fiduciary duties owed by brokers to clients when asked...Court confirmed: Where a broker has given full and frank...also important that a broker does not misrepresent...Some of the larger brokers prefer complete transparency...
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Brokers PI: Administration Of Run Off Business.
News Wire article from: Mondaq Business Briefing; 7/2/2007; ; 700+ words
; ...recent case provides useful guidance on brokers' obligations to clients in run off...under reinsurance protections that the brokers had placed for Lloyd's syndicates for...years of account. The court commented on brokers' duties in the context of dealing with...
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Brokers keen to reveal home truths
Newspaper article from: Sunday Star-Times; 3/26/2006; ; 628 words
; ...founder of mortgage broker roost, showed people...not understand what brokers did. Caird put part...transaction from a broker, and to deal with...independence, nor brokers who could choose...enough about mortgage brokers. About 10% mistakenly thought using a broker was more ...
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Brokers pile into the middle market: for brokers, there are hundreds of millions of dollars at stake in the middle market, and even more money to be made by poaching from one another.(RISK & INSURANCE: INDUSTRY RISK REPORT: MIDDLE MARKET)(Company overview)
Magazine article from: Risk & Insurance; 8/1/2007; ; 700+ words
; ...firm. No individual broker holds more than 5 percent...market. Indeed, smaller brokers and agents own more than...of service from their brokers. Greenwich interviewed...they receive from the broker as "excellent." "Today the biggest brokers are in a far better position...
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Broker
Encyclopedia entry from: West's Encyclopedia of American Law
...transactions involving brokers. The client is considered...principal and the broker acts as the client...those of ordinary brokers. Regulation and...or occupation of a broker may be regulated...ordinarily considered a broker. It has been held...statute requiring brokers to obtain a ...
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Information Brokers
Encyclopedia entry from: Encyclopedia of Small Business
...to, and how long the broker has been in business...themselves information brokers or specialists, but...Relatively new information broker businesses may be perfectly...services of a private broker who can take advantage...Stephanie C. "Information Brokers and Cyberstalking...
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broker
Book article from: The Columbia Encyclopedia, Sixth Edition
...conclusion of the deal. The broker neither possesses the...the goods procured; brokers take no market risks...to anything else. A broker earns a commission...satisfactorily executed. The broker is paid by the party...other salespeople act as brokers at times. Brokers are...
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Business Brokers
Encyclopedia entry from: Encyclopedia of Small Business
...buyers. Qualified brokers have access to people...business owners. The broker may also be able...also benefits. A broker may be able to find...Moreover, good business brokers will not accept overpriced...sellers, business brokers can provide help...addition, it is the broker's duty ...
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SIC 6163 Loan Brokers
Encyclopedia entry from: Encyclopedia of American Industries
...However, some brokers facilitate the buying...secondary market. A broker, by definition...types of mortgage brokers are retail and wholesale. A retail broker, or third party...pay a fee to the broker for rejected applications...Wholesale mortgage brokers represent a smaller...
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