difference between broker and commission agent
Commission Payable is Commission that you pay, Commission Receivable is Commission someone is paying you.
A positive margin balance is the amount owed to you by the brokerage. A negative margin balance is the amount owed to the brokerage by you.
difference between cost and costing
there is no difference.
the difference between global and international strategy
Commission broker: usually works for a particular brokerage house and buys and sells stocks for the brokerage house on a commission basis.Floor broker: trades in the NYSE "pits" on behalf of a brokerage house. They get paid a salary.
To begin in a small way, I would suggest a discount brokerage such as Fidelity or Schwab, for at such firms you can open an account with as little an investment as $250. or so. There are many types of accounts and many options for investing. The difference between a large brokerage and a discount brokerage, is that at a large brokerage such as Morgan Stanley, you will receive advice and pay a larger commission for that advice.
It is only in the gross price that brokerage/commission amount will be shown in the invoice.
Commission Payable is Commission that you pay, Commission Receivable is Commission someone is paying you.
The difference in job profile between a short service commission and a permanent commission within the Indian Army is the difference between getting paid only when in the military (short service) and receiving a state pension upon retirement (permanent commission).
Assist to Sell is a national real estate brokerage that helps you to list and sell your home for a small set commission fee and not a percentage fee for commission as a conventional brokerage charges
The seller pays a fee for service to the listing brokerage firm and selling brokerage at closing out if the sellers proceed. The agent is paid by their brokerage on a commission split with the firm.
An online stock brokerage firm is a company licensed to buy and sell stocks, and acts as an intermediary between buyers and sellers. It offers its services through the internet: its clients place orders online to buy and sell stocks, and the brokerage fulfills these orders, charging a commission to do so.
They are paid an agreed upon commission as per the listing contract between the agent and the seller. Buyers and seller are often charged administrative or processing fees to be paid to the brokerage office of their realtor. Real Estate agents are paid a percentage of the commission they collect based on whatever contract they have with the real estate brokerage that employs them.
the commission belongs to the broker not the agent; question should read "WHAT PERCENTAGE OF THE BROKERS COMMISSION GOES TO THE AGENT" It varies from brokerage to brokerage, depends upon the broker -agent contract, could be 50% or less or could be a flat fee.
board works in a collective manner. but commission work in a individual manner.
The difference between a corporation and a commission is in their functions. A corporation if a government entity that serves the public while a commission is an investigative body set up for a particular task.