e-dennis.net By definition, a broker is a company or individual that matches together buyers and sellers. They provide assistance in drawing up contracts and negotiating terms and conditions between both parties. For their services, brokers are generally paid a fee or a commission from the sale.
Brokers have a role in many types of transactions, from the trading of stocks and shares to the purchase of insurance policies. They also deal in particular commodities like cars, precious stones, and wholesale food items. Brokers generally choose one area to specialise in.