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Although patterns that concern care work are developed within families, the institutional setting surrounding families is crucial as well. Describe at least two of the institutional factors mentioned in this chapter.
Broker's Commissions
Fees charged by a broker for executing transactions or providing specialized services.
Price Concessions
Discounts or adjustments in the price of a good, service, or security, often granted to finalize a deal.
Effective Spread
The measure of the actual cost of a trading transaction, calculated as the difference between the executed trade price and the midpoint of the best bid and ask quotes at the time of the trade.
SEC
The U.S. Securities and Exchange Commission, a federal agency responsible for enforcing federal securities laws and regulating the securities industry.
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