BROKERED MARKET
\bɹˈə͡ʊkəd mˈɑːkɪt], \bɹˈəʊkəd mˈɑːkɪt], \b_ɹ_ˈəʊ_k_ə_d m_ˈɑː_k_ɪ_t]\
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The buying and selling of anything where a broker represents one or both counterparties. The broker is thought to be able to extract the best price on behalf of those whom he/she represents. Most securities and real estate transactions occur in brokered markets.
By Henry Campbell Black
Word of the day
basidiomycota
- comprises fungi bearing the spores on basidium: Gasteromycetes (puffballs); Tiliomycetes (comprising orders Ustilaginales (smuts) and Uredinales (rusts)); Hymenomycetes (mushrooms; toadstools; agarics; bracket fungi); in some classification systems considered a division of kingdom comprises fungi bearing spores on a basidium; includes Gasteromycetes (puffballs) Tiliomycetes comprising the orders Ustilaginales (smuts) and Uredinales (rusts) Hymenomycetes (mushrooms, toadstools, agarics bracket fungi).