Commission house

• A firm which buys and sells future contracts for customer accounts. Related: futures commission merchant, omnibus account.

 Embedded terms in definition
Futures commission merchant
Omnibus account
 Related Terms
 Automated clearing house
Block house
Clearing house automated payment system
Clearing house interbank payment system
Clearing house or clearinghouse
Commission broker
Commission run
Discount house
Futures commission merchant
In house processing float
Securities and exchange commission
Securities and exchange commission sec
Trade house
Wire house

<< Commission broker Commission run >>

Tips for Trying to Fix a Clogged or "Frozen" Home Equity Line: For years, homeowners have turned to home equity lines of credit (HELOCs) as a way to borrow against their home's value to pay for college tuition, home improvements, medical bills and other major expenses. (A home's equity is the market value minus what is owed on the mortgage. If you owe $100,000 on your mortgage but your home is worth $250,000, your equity is $150,000.) More...

History is the version of past events that people have decided to agree upon. - Napoleon Bonaparte (1769-1821)


Copyright 2009-2019 GVC. All rights reserved.