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negotiated commission

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Financial Dictionary

negotiated commission

A fee for trading securities that is subject to bargaining between the customer and the brokerage firm. Negotiated commissions began to become widespread in the United States in 1975. See also discount brokerage firm, May Day.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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