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          Broker definition clarifies intermediary role and commission-based agency, covering negotiation for others and transactions for oneself. The legal concept of broker denotes an intermediary who negotiates bargains and contracts for compensation, typically commission-based, by bringing buyers and sellers together and negotiating sales of property, securities, commodities or services; the term also covers dealers in others' securities and may include persons negotiating transactions for themselves.
                            Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                              Provisions expressly mentioned in the judgment/order text.

                                  Broker definition clarifies intermediary role and commission-based agency, covering negotiation for others and transactions for oneself.

                                  The legal concept of broker denotes an intermediary who negotiates bargains and contracts for compensation, typically commission-based, by bringing buyers and sellers together and negotiating sales of property, securities, commodities or services; the term also covers dealers in others' securities and may include persons negotiating transactions for themselves.


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