broker

Founding-era definition · Webster's 1828 American Dictionary

BRO'KER, noun [from broke.] 1. An agent or negotiator, who is employed by merchants to make and conclude bargains for them for a fee or rate per cent., or who transacts other business for his employers. Brokers are of several kings. 1. Exchange-brokers, who make and conclude bargains for others in matters of money or merchandize, learn the rate of exchange and notify their employers. 2. Stock-brokers, who are employed to buy and sell shares in the stocks, whether of the public funds, of banks or of other corporations. 3. Pawn-brokers, who make it their business to lend money upon pawns, that is, property deposited in pledge. 4. Insurance-brokers, whose business is to procure the insurance of vessels at sea or bound on a voyage. In the U. States, the business of a stockbroker and an insurance-broker is often or generally carried on by the same person. 2. One who deals in old household goods. 3. A pimp or procurer.
Source: Webster's 1828 American Dictionary ↗ · public-domain · returned verbatim, no AI

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