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Alg w Finance 1.7
Vocabulary
Term | Definition |
---|---|
Stock Broker | A person who sells shares of stocks to investors and gives investments advice |
broker Fee | A flat fee or commission that a stock broker charges for trade stocks |
Commission | A percentage of the value of a stock value |
Discount broker | A broker who trades stocks, but does not give investments advices |
At the market | instructions to the broker to get the best possible price |
limit order | instructions to the broker that name a specific price for a share of stock |
net proceeds | The amounts of money made on a stock trade after the brokage fees are paid. |