Give up

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Give up

Used for listed equity securities. (1) Term used in a securities transaction involving three brokers, as follows: Broker A, a floor broker, executes a buy order for broker B (a member firm broker who has too much business at the time to execute the order). The broker with whom broker A completes the transaction (the sell-side broker) is broker C. Broker A "gives up" the name of broker B, so that the record shows a transaction between broker B and broker C even though the trade is actually executed between broker A and broker C; (2) distribution of commissions to brokerage houses not participating in a trade. This is a grey area of the law governing reimbursement of a broker for services (e.g., research). See: Directed brokerage.

Give Up

For a broker to execute an order on behalf of another broker. Giving up occurs as a professional courtesy when a broker receives an order from a client that he/she is too busy to execute. It is important to note that the broker who receives the order, rather than the broker who conducts the transaction, is the one who earns the applicable commissions and fees. The term originates from the fact that the broker who executes the transaction must "give up" the commission to other broker.
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He listened with some degree of interest to what I had to say, but did not give me anything.
I had placed this sum in my will for your school, but deem it wiser to give it to you while I live.
The author is here supposed to be writing her own history, and in the very beginning of her account she gives the reasons why she thinks fit to conceal her true name, after which there is no occasion to say any more about that.
The first part of her lewd life with the young gentleman at Colchester has so many happy turns given it to expose the crime, and warn all whose circumstances are adapted to it, of the ruinous end of such things, and the foolish, thoughtless, and abhorred conduct of both the parties, that it abundantly atones for all the lively description she gives of her folly and wickedness.
I can tell no more than my young sister Spring where you may find the Spirits that you seek; but I too, like her, will give a gift to aid you.
Then Ripple told how she had wandered round the world in search of them, how the Seasons had most kindly helped her on, by giving Sun-beam, Breeze, Leaf, and Flake; and how, through many dangers, she had come at last to ask of them the magic flame that could give life to the little child again.
Heaven forbid; take something and give it him yourself; I do not grudge it; I bid you take it.
If all the suitors were to give him as much as I will, he would not come here again for another three months.
Nothing they could say to them, or give them, or do for them, but was looked upon as going to murder them.
When the three wanderers had give this unaccountable history or journal of their voyage, the Spaniard asked them where their new family was; and being told that they had brought them on shore, and put them into one of their huts, and were come up to beg some victuals for them, they (the Spaniards) and the other two Englishmen, that is to say, the whole colony, resolved to go all down to the place and see them; and did so, and Friday's father with them.
I shall dart an angry look at her and give her a sharp blow on the cheek, at the same time giving her a kick so violent that she will stagger across the room and fall on to the sofa.
Queen Madasima was a very illustrious lady, and it is not to be supposed that so exalted a princess would have made free with a quack; and whoever maintains the contrary lies like a great scoundrel, and I will give him to know it, on foot or on horseback, armed or unarmed, by night or by day, or as he likes best.