bill broker

bill broker UK US noun [C] (also discount broker)
FINANCE a person or organization that buys bills of exchange for a lower amount of money than they are worth and makes a profit by selling them for more or keeping them until they are paid

Financial and business terms. 2012.

Look at other dictionaries:

  • Bill broker — Broker Bro ker (br[=o] k[ e]r), n. [OE. brocour, from a word akin to broken, bruken, to use, enjoy, possess, digest, fr. AS. br[=u]can to use, enjoy; cf. Fries. broker, F. brocanteur. See {Brook}, v. t.] 1. One who transacts business for another; …   The Collaborative International Dictionary of English

  • Bill broker — Bill bro ker One who negotiates the discount of bills. [1913 Webster] …   The Collaborative International Dictionary of English

  • bill-broker — billˈ broker noun A person who deals in bills of exchange and promissory notes • • • Main Entry: ↑bill …   Useful english dictionary

  • bill broker — discount broker A broker who buys bills of exchange (especially Treasury bills) from traders and sells them to banks and discount houses or holds them to maturity …   Accounting dictionary

  • bill broker — discount broker A broker who trades in bills of exchange …   Big dictionary of business and management

  • bill broker — a money dealer who buys, sells, discounts, or negotiates bills of exchange or promissory notes. [1825 35, Amer.] * * * …   Universalium

  • bill broker — / bɪl ˌbrəυkə/ noun a discount house, a firm which buys and sells bills of exchange for a fee …   Dictionary of banking and finance

  • bill broker — Fin somebody who buys and sells promissory notes and bills of exchange …   The ultimate business dictionary

  • bill broker — …   Useful english dictionary

  • Broker — Bro ker (br[=o] k[ e]r), n. [OE. brocour, from a word akin to broken, bruken, to use, enjoy, possess, digest, fr. AS. br[=u]can to use, enjoy; cf. Fries. broker, F. brocanteur. See {Brook}, v. t.] 1. One who transacts business for another; an… …   The Collaborative International Dictionary of English

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