What does broker mean?

In finance, a broker is a person or firm that acts as an intermediary between buyers and sellers of financial securities or assets. Brokers facilitate the buying and selling of stocks, bonds, commodities, currencies, and other financial instruments on behalf of their clients. They typically earn a commission or fee for their services. Brokers may also provide investment advice, research, and other financial services to their clients. They are regulated by government authorities and must adhere to certain ethical and professional standards in their dealings with clients. Overall, brokers play a crucial role in the functioning of financial markets by providing liquidity and efficient execution of trades.

What does RMB mean? What does RMB mean?

RMB stands for Renminbi , which is the official currency of the People 's Republic of China .

What does mortgage mean? What does mortgage mean?

A mortgage in finance refers to a loan that is taken out to purchase real estate , typically a home .