contra broker

contra broker definition - business

contra broker

The broker on the opposite side of a transaction. To a broker acting as an agent to buy, the contra broker is the selling broker. Conversely, to a broker on the sell side, the contra broker is the broker on the buy side.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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