broker

Definitions

Economics

  • noun a person who acts as a middleman between a seller and a buyer

Forex

  • (written as Broker)
    A Forex participant who executes trades on behalf of others. A broker will often represent banks, and act as an intermediary during a trade.

Information & Library Science

  • noun a person who does the business of buying and selling for somebody else

Law

  • noun someone who buys or sells something on behalf of someone else, often as an agent

Origin & History of “broker”

Broker has no connection with the past tense of break. It comes from Anglo-Norman brocour ‘small trader’, but its ultimate origin is not clear. A variant Anglo-Norman form abrocour has fuelled speculation as to a link with Spanish alboroque ‘sealing of a bargain’ and Portuguese alborcar ‘barter’, which are presumably of Arabic origin (the al- representing the Arabic definite article); but other etymologists have sought to link the word with broach, as if the underlying sense were ‘someone who sells wine from (that is, by broaching) the cask’, and hence any ‘retailer’.
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