Economics & Finance | Françoise Clementi

brokerage

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The payment to a broker for a deal carried out. (source: http://www.businessdictionary.com/definition/brokerage.html#ixzz2EeCfg2aG)

brokerage fee

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Amount of money charged by a broker for his or her services that could be a flat fee or a percentage rate of the base

breach of contract

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Failing to perform any term of a contract, written or oral, without a legitimate legal excuse. This may include not completing a job, not paying

broker

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Person who serves as a trusted agent or intermediary in commercial negotiations or transactions. Brokers are usually licensed professionals in fields where specialized knowledge is

branch

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A local division of a business or other organization

branch bank controller

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A management level position responsible for supervising the administrative control of the branch.

The portion of a tangible capital asset that is deemed to have been consumed or expired, and has thus become an expense. (source: http://www.businessdictionary.com/definition/depreciation-expense.html)

book entry

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Notation in a book of account recording a transaction. (source: http://www.businessdictionary.com/definition/book-entry.html)

book of minutes

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Binder or bound book containing permanent and detailed record of the deliberations of, and resolutions adopted at, a firm’s official meetings. (source: http://www.businessdictionary.com/definition/minute-book.html#ixzz2OxJBrhuK)