Examlex
Reinsurance transactions do not occur in life insurance.
Trading Day
Refers to a day on which the stock exchanges are open for trading.
Broker Fee
A charge or commission a broker commands for their service in facilitating transactions, such as buying or selling securities.
Discount Broker
A broker who trades stocks, but does not give investment advice.
Net Proceeds
The total amount received from a sale or transaction after deducting all related expenses and costs.
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