money broker

In the UK, a broker who arranges short-term loans in the money market, i.e. between banks, discount houses, and dealers in government securities. Money brokers do not themselves lend or borrow money; they work for a commission arranging loans on a day-to-day and overnight basis. Money brokers also operate in the Eurobond markets. (not defined in DrKW Glossary)

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money broker money broker broker1

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money broker UK US noun [C]
BANKING, FINANCE a person or organization that arranges the lending and borrowing of money between banks or other financial organizations: »

Money brokers thrive on volatility, which fuels demand for their services and results in higher commissions and fees.


Financial and business terms. 2012.

Look at other dictionaries:

  • Money broker — Money Mon ey, n.; pl. {Moneys}. [OE. moneie, OF. moneie, F. monnaie, fr. L. moneta. See {Mint} place where coin is made, {Mind}, and cf. {Moidore}, {Monetary}.] 1. A piece of metal, as gold, silver, copper, etc., coined, or stamped, and issued by …   The Collaborative International Dictionary of English

  • money broker — noun : an intermediary who arranges short term loans usually in large amounts for borrowers and who in the United States also arranges the sale of excess bank reserve balances to banks short of reserves * * * money broker noun A person who… …   Useful english dictionary

  • money broker — money changer, one who exchanges foreign currency …   English contemporary dictionary

  • money broker — In the UK, a broker who arranges short term loans in the money market, i. e. between banks, discount houses, and dealers in government securities. Money brokers do not themselves lend or borrow money; they work for a commission arranging loans on …   Big dictionary of business and management

  • money broker — noun A broker who deals in different kinds of money; one who buys and sells bills of exchange; money changer …   Wiktionary

  • money-broker — n. Money changer, money dealer …   New dictionary of synonyms

  • money broker — Fin an intermediary who works on the money market …   The ultimate business dictionary

  • money broker — / mʌni ˌbrəυkə/ noun a dealer operating in the interbank and foreign exchange markets …   Dictionary of banking and finance

  • Money — Mon ey, n.; pl. {Moneys}. [OE. moneie, OF. moneie, F. monnaie, fr. L. moneta. See {Mint} place where coin is made, {Mind}, and cf. {Moidore}, {Monetary}.] 1. A piece of metal, as gold, silver, copper, etc., coined, or stamped, and issued by the… …   The Collaborative International Dictionary of English

  • Money bill — Money Mon ey, n.; pl. {Moneys}. [OE. moneie, OF. moneie, F. monnaie, fr. L. moneta. See {Mint} place where coin is made, {Mind}, and cf. {Moidore}, {Monetary}.] 1. A piece of metal, as gold, silver, copper, etc., coined, or stamped, and issued by …   The Collaborative International Dictionary of English

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