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A broker's commission from his or her involvement on both the purchase and the sale side of a security.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Describing a commission that a broker receives when he/she is involved in both the purchase and the sale of an asset or security. That is, the broker receives two commissions, one from the buyer and one from the seller.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved