Synonyms
Examples of broker in a Sentence
Colin Lecher and Ross Teixeira, USA TODAY, 15 May 2024
Many homebuilders are aligning themselves with insurance companies or brokers, too.
—Lew Sichelman, Miami Herald, 14 May 2024
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“Broker.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/broker. Accessed 19 May. 2024.
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broker
noun
Legal Definition
broker
noun
Note: An insurance broker differs from an insurance agent in that a broker is usually considered an agent of the insured, even though he or she may receive a commission from an insurance company. A broker may sell the products of a number of insurers, and an insurer has no liability for a broker's wrongful actions. A securities broker often acts also as a dealer and so is often referred to as a broker-dealer.
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