Glossary

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Agents and Brokers

Economy Term

Agents and brokers are intermediaries who facilitate transactions between buyers and sellers of goods and services. In the economic industry, they play an essential role in connecting producers with consumers, enabling the efficient functioning of markets.

Agents usually represent the interests of sellers, such as manufacturers or wholesalers, and they promote their products to potential buyers. They may operate on behalf of one or multiple sellers, and they often receive commissions based on the sales they generate. Some examples of agents include real estate agents, insurance agents, and travel agents.

On the other hand, brokers represent the interests of buyers, and they help them find the products or services that best meet their needs. They often specialize in a particular market, such as stockbrokers or commodity brokers. Brokers usually charge fees or commissions based on the transactions they facilitate.

In the economy industry, agents and brokers play a critical role in helping to connect producers with customers and facilitating the exchange of goods and services. They help to reduce transaction costs, improve information flow, and enable more efficient allocation of resources. Without agents and brokers, markets would be less efficient and more fragmented, making it more challenging for buyers and sellers to interact and transact with each other.

More Glossary Terms Beginning with A

Accident Year
The annual calendar accounting period in which loss events occurred, regardless of when the losses are actually reported, booked or paid.

Insurance Term Letter: A
Accumulation Distribution Line
Accumulation/Distribution Line assess the cumulative flow of money into and out of a security. The signals for the Accumulation/Distribution Line are fairly straightforward and center around the concepts of divergence and confirmation. A bullish signal is given when the Accumulation/Distribution Line forms a positive divergence. A bearish signal is given when the Accumulation/Distribution Line for

Technical Indicator Letter: A
Acquired Fund Fees and Expenses
fees and expenses charged by other investment companies in which the Fund invests a portion of its assets.

Financial Term Letter: A
Acquisition
A business acquisition. The acquiring company records at its cost the acquired assets less liabilities assumed. The reported income of an acquiring company includes the operations of the acquired company from the date of acquisition.

Financial Term Letter: A
Acquisition Proposal
means any merger, amalgamation, take-over bid, tender offer, arrangement, recapitalization, liquidation, dissolution, share exchange, material sale of assets (or any lease, long term supply agreement or other arrangement having the same economic effect as a material sale of assets) representing greater than 20% of the fair market value of the Arrangement, any sale of more than 20% of any class of

Financial Term Letter: A
Adenocarcinoma
A cancer that originates in glandular tissue.

Health Care Term Letter: A
Adenosine
a biological compound found in every cell of the human body; released from cells when oxygen supply does not meet oxygen demand. Extracellular adenosine protects tissues from injury caused by oxygen deprivation

Health Care Term Letter: A
Adjusted Average Cardmember Loans
Represents average cardmember loans on an owned or managed basis, as applicable, excluding the impact of deferred card fees, net of deferred direct acquisition costs of cardmember loans on an owned or managed basis, as applicable.

Financial Term Letter: A
Admitted Insurer
A company licensed to transact insurance business within a state.

Insurance Term Letter: A
ADR American Depositary Receipt
represents ownership in the shares of a non-U.S. company that trades in U.S. financial markets. ADRs enable U.S. investors to buy shares in foreign companies without the inconveniences of cross-border & cross-currency transactions. ADRs carry prices in US dollars, pay dividends in US dollars, and can be traded like the shares of US-based companies.

Financial Term Letter: A
ADR Average Daily Rate
Represents the average rate charged for renting a lodging room for one day.

Hotel & Leisure Term Letter: A
ADS American Depositary Share
represents ownership in the shares of a non-U.S. company that trades in U.S. financial markets. American Depositary Share representing one underlying Ordinary Share. ADS enable U.S. investors to buy shares in foreign companies without the inconveniences of cross-border & cross-currency transactions. ADS carry prices in US dollars, pay dividends in US dollars, and can be traded like the shares of U

Financial Term Letter: A

More in this Category

Advance monthly sales
The U.S. Census Bureau conducts the Advance Monthly Retail Trade and Food Services Survey (MARTS) to provide an early estimate of monthly sales by kind of business for retail and food service firms located in the United States. Each month, questionnaires are mailed to a probability sample of approximately 5,000 employer firms selected from the larger Monthly Retail Trade Survey (MRTS). Firms respo

Economy Term
Affiliate
means with respect to any entity, an entity that is controlled by a other company although the other company owns less than a majority of the other entity.

Economy Term
Agents and Brokers
Persons or organizations that act as a representative for others in negotiating contracts, purchases, or sales. Agents and brokers typically earn a commission or fee for their services and do not take possession of, or title to, any goods.

Economy Term
ARPU
Average revenue per user

Economy Term
Balance of payments
Record of transactions between U.S. residents and foreign residents during a given time period. Includes transactions in goods, services, income, assets, and liabilities. It is broken down into the current accounts (international), capital accounts (international), and financial accounts (international).

Economy Term
Balance on current account
Current receipts from the rest of the world less current payments to the rest of the world, formerly called "net foreign investment." Current receipts equal exports of goods and services plus income receipts from the rest of the world; current payments are the sum of imports of goods and services, income payments to the rest of the world, and current taxes and transfer payments to the rest of the

Economy Term
Balance on goods and services
Record of the difference between exports of goods and services and imports of goods and services. In the broad sense, this balance is conceptually equal to net exports of goods and services, which is a component of gross domestic product (GDP).

Economy Term
Bonded Warehouses Manufacturing
Warehouses that are authorized by the United States Customs for storage or manufacturing of goods on which payment of duties is deferred until the goods are removed into Customs Territory. These goods are not subject to duties if reshipped to foreign points.

Economy Term
Brokers
Persons or organizations that act as a representative for others in negotiating contracts, purchases, or sales. Agents and brokers typically earn a commission or fee for their services and do not take possession of, or title to, any goods.

Economy Term
Business sector
All corporate and noncorporate private entities organized for profit and certain other entities that are treated as businesses in the national income and product accounts (NIPAs), including mutual financial institutions, private noninsured pension funds, cooperatives, nonprofit organizations that primarily serve businesses, Federal Reserve banks, federally sponsored credit agencies, and government

Economy Term
CE-marked
A compliance symbol indicating that a product meets the requirements of the European Union (EU) directives that apply to that product. CE stands for Conformit?e Europ?enne, which means European Conformity.

Economy Term
CFTC Commodity Futures Trading Commission
Commodity Futures Trading Commission, an independent agency with the mandate to regulate commodity futures and option markets in the United States.

Economy Term