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Broker
A broker is an individual person who arranges transactions between a buyer and a seller for a commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Neither role should be confused with that of an agent—one who acts on behalf of a principal party in a deal.[1]Contents1 Definition 2 Etymology 3 Types of brokers 4 References 5 External linksDefinition[edit] A broker is an independent party, whose services are used extensively in some industries. A broker's prime responsibility is to bring sellers and buyers together and thus a broker is the third-person facilitator between a buyer and a seller. An example would be a real estate broker who facilitates the sale of a property.[1] Brokers also can furnish market information regarding prices, products, and market conditions. Brokers may represent either the seller or the buyer but not both at the same time
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Office Broker
An office broker is a more general term for a serviced office broker. The office broker company/ individual arranges transactions between a company or individual interested in renting office space and a business centre/ office space owner. Office brokers help business centre owners to advertise office space. The office broker then makes a commission when the deal is made. [1] An office broker develops relationships with property management firms and business centre owners and negotiates favourable prices on behalf of clients. The purpose of an office broker is to provide a single point of contact in which clients can access the entire office space market globally or regionally
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Purchasing
Purchasing
Purchasing
refers to a business or organization attempting to acquire goods or services to accomplish its goals. Although there are several organizations that attempt to set standards in the purchasing process, processes can vary greatly between organizations. Typically the word “purchasing” is not used interchangeably with the word “procurement”, since procurement typically includes expediting, supplier quality, and transportation and logistics (T&L) in addition to purchasing.Contents1 Details 2 Purchasing
Purchasing
topics2.1 Acquisition process 2.2 Selection of bidders 2.3 Bidding process 2.4 Technical evaluation 2.5 Commercial evaluation 2.6 Negotiating 2.7 Post-award administration 2.8 Order closeout3 See also 4 ReferencesDetails[edit] Purchasing
Purchasing
managers/directors, and procurement managers/directors guide the organization’s acquisition procedures and standards
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Sales
Sales
Sales
is activity related to selling or the amount of goods or services sold in a given time period. The seller or the provider of the goods or services completes a sale in response to an acquisition, appropriation,[1] requisition or a direct interaction with the buyer at the point of sale. There is a passing of title (property or ownership) of the item, and the settlement of a price, in which agreement is reached on a price for which transfer of ownership of the item will occur. The seller, not the purchaser generally executes the sale and it may be completed prior to the obligation of payment
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Commission (remuneration)
The payment of commission as remuneration for services rendered or products sold is a common way to reward sales people. Payments often are calculated on the basis of a percentage of the goods sold, a way for firms to solve the principal–agent problem by attempting to realign employees' interests with those of the firm.[1] Sales personnel are thus paid, in part or entirely, on the basis of products or services successfully sold rather than being paid by the hour, by attempted sales, or by any other measure. Although many types of commission systems exist, a common form is known as on-target earnings in which commission rates are based on the achievement of specific targets that have been agreed upon between management and the salesperson
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Online Etymology Dictionary
The Online Etymology
Etymology
Dictionary
Dictionary
is a free online dictionary that describes the origins of English-language words.[2]Contents1 Description 2 Reviews and reputation 3 References 4 External linksDescription[edit] Douglas Harper compiled the etymology dictionary to record the history and evolution of more than 30,000 words, including slang and technical terms.[3] The core body of its etymology information stems from Ernest Weekley's An Etymological Dictionary
Dictionary
of Modern English (1921). Other sources include the Middle English Dictionary
Dictionary
and the Barnhart Dictionary
Dictionary
of Etymology
Etymology
(by Robert Barnhart and others), although the sources for each entry are not stated
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Serviced Office Broker
A serviced office broker is a company or individual that arranges transactions between a party interested in renting serviced office space and a business centre/ office space owner
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Old French
Old French
Old French
(franceis, françois, romanz; Modern French: ancien français) was the language spoken in Northern France
France
from the 8th century to the 14th century. In the 14th century, these dialects came to be collectively known as the langue d'oïl, contrasting with the langue d'oc or Occitan language
Occitan language
in the south of France
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Special
Special
Special
or specials may refer to:Contents1 Music 2 Film and television 3 Other uses 4 See alsoMusic[edit] Special
Special
(album), a 1992 album by Vesta Williams "Special" (Garb
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Joint Venture Broker
If Wiktionary
Wiktionary
has a definition already, change this tag to TWCleanup2 or else consider a soft redirect to Wiktionary
Wiktionary
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Wiktionary
does not have the definition yet, consider moving the whole article to Wiktionary
Wiktionary
by replacing this tag with the template Copy to Wiktionary
Wiktionary
. This template will no longer automatically categorize articles as candidates to move to Wiktionary.The topic of this article may not meet's general notability guideline. Please help to establish notability by citing reliable secondary sources that are independent of the topic and provide significant coverage of it beyond its mere trivial mention
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Sponsorship Broker
A sponsorship broker is an individual, or agency, that procures sponsorship funding for properties (defined as an outlet with a captive audience that provides for a positive experience).[1] Sponsorship brokers tend to specialize to particular niches within the sponsorship-marketing field. A typical sponsorship could be, for example, an arrangement to exchange advertising for the responsibility of providing funding for a popular event or entity. For example, a corporate entity may provide equipment for a famous band in exchange for brand recognition. The sponsor earns popularity this way while the sponsored can earn a lot of money and/or receive free music equipment
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Shipping Agency
A shipping agency or shipping agent is the designated person or agency held responsible for handling shipments and cargo, and the general interests of its customers, at ports and harbors worldwide, on behalf of ship owners, managers, and charterers. In some parts of the world, these agents are referred to as port agents or cargo brokers. There are several categories of shipping agents such as: port agents, liner agents, and own agencies, each rendering specific services depending on the shipping company they represent. In other words, a ship agent is any person or company that carries out the functions of an agent,.irrespective of whether they are in business as a ship agent, or they perform such functions as a adjunct to, or conjunction with, other activities such as ship owning or operating, providing cargo handling or similar. Shipping agents will usually take care of all the regular routine tasks of a shipping company quickly and efficiently
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Matchmaking
Matchmaking
Matchmaking
is the process of matching two or more people together, usually for the purpose of marriage, but the word is also used in the context of sporting events such as boxing, in business, in online video games and in pairing organ donors.Contents1 Practice1.1 In Asia2 Methods 3 Other uses 4 See also 5 References 6 External linksPractice[edit]Advertisement for a matchmaking service Chennai, IndiaIn some cultures, the role of the matchmaker was and is quite professionalized. The Ashkenazi
Ashkenazi
Jewish shadchan, or the Hindu astrologer, were often thought to be essential advisors and also helped in finding right spouses as they had links and a relation of good faith with the families
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List Broker
A list broker acts as an agent for those who wish to conduct direct marketing campaigns via direct mail, email, or telemarketing. List brokers provide lists that, minimally, contain a prospect's name and physical address. Consumer Lists may include additional demographic information such as age, gender, income, etc.; Business Lists may include firmographic information like job title, industry, employee size, etc. List Brokers work on behalf of their clients to find the best lists that reach their clients' desired target audience in which to promote/advertise their product or service, and coordinates the procurement process. Many promotional mailings such as catalogs, coupons, promotional offers and credit offers utilize lists purchased through list brokers. Common associations to which list brokers belong are the American Marketing Association and the Direct Marketing Association.This article does not cite any sources
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Pawnbroker
A pawnbroker is an individual or business (pawnshop or pawn shop) that offers secured loans to people, with items of personal property used as collateral. The items having been pawned to the broker are themselves called pledges or pawns, or simply the collateral. While many items can be pawned, pawnshops typically accept jewelry, musical instruments, home audio equipment, computers, video game systems, televisions, cameras, power tools, firearms, and other relatively valuable items as collateral.A London
London
shop displays the traditional pawnbroker's sign.If an item is pawned for a loan (colloquially, "hocked"), within a certain contractual period of time the pawner may redeem it for the amount of the loan plus some agreed-upon amount for interest. The amount of time, and rate of interest, is governed by law or by the pawnbroker's policies
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Shipbroking
Shipbroking is a financial service, which forms part of the global shipping industry. Shipbrokers are specialist intermediaries/negotiators (i.e. brokers) between shipowners and charterers who use ships to transport cargo, or between buyers and sellers of vessels. Some brokerage firms have developed into large companies, incorporating departments specialising in shipping's various sectors, e.g. Dry Cargo
Cargo
Chartering, Tanker Chartering, Container Chartering, Sale & Purchase, Demolition, Futures and Research; other "boutique" shipbroking firms concentrate on specific sectors of the shipping market. The principal shipping and shipbroking centres worldwide are London, New York City, Singapore
Singapore
and Tokyo, as well as where many shipowners are based such as Oslo
Oslo
and Athens, especially since the Athens Olympics of 2004
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