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Glossary > M > "Money broker" Definition

Money broker

A type of agent who arranges short term loans between banks (which are seeking to lend money) and borrowers such as institutions. The money broker is not involved in the process of lending/borrowing but merely acts as an intermediary earning a commission.

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Money broker - A type of agent who arranges short term loans between banks (which are seeking to lend money) and borrowers such as institutions. The money broker is not involved in the process of lending/borrowing but merely acts as an intermediary earning a commission.

Money broker : a type of agent who arranges short term loans between banks (which are seeking to lend money) and borrowers such as institutions. the money broker is not involved in the process of lending/borrowing but merely acts as an intermediary earning a commission.