Brokers
/ˈbroʊkərz/
Definitions
- (n.) Individuals or firms that arrange transactions between buyers and sellers, usually receiving a commission.
The brokers facilitated the sale of the commercial property.
Forms
- broker (singular)
Related terms
See also
Commentary
In legal contexts, brokers are distinct from agents and principals; clear contractual definitions help delineate duties and liabilities.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.