Definition of "Broker"

An individual who acts as an intermediary between a customer and 1 or more companies. Such as an insurance broker with an insurance company or companies, or a mortgage broker with a mortgage company or companies.

A licensed person or organization paid by you to look for insurance on your behalf.

A person who handles investors' orders to buy and sell securities. For this service a commission is usually charged. Brokers specializing in stocks, bonds, options, or commodities act as an agent.