TeachMeFinance.com - explain Broker
borrower -- individual or institution receiving funds in the form of a loan and obligated to repay the loan, usually with interest. A borrower is called a mortgagor when the loan is secured by real estate.
Broker -- One that acts as an agent for others, as in negotiating contracts, purchases, or sales in return for a fee or commission.
Broker -- One who executes orders for the purchase or sale of stocks or other property ; an agent.
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