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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. |