Payment to a broker Crossword Clue

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This time we bring you information about the crossword clue Payment to a broker that was published at Crossword Champ Premium crossword puzzle page.

Understanding Today's Crossword Puzzle

The clue "Payment to a broker" leads to the answer "FEE". Here's why this clue corresponds to the answer provided:

• Broker Services: Brokers often facilitate financial transactions, investments, or real estate deals. As compensation for their services, they typically charge a fee.
• Industry Standard: In many industries where brokers operate, it's customary for clients to pay a fee for the services rendered.
• Distinct from Commission: While brokers can also earn commissions based on the value of transactions, a fee is a fixed amount charged for specific services irrespective of the transaction size.
• Pertinent in Real Estate: In real estate transactions, payment to a broker in the form of a fee is a common practice, highlighting the relevance of this answer.

Definition of "FEE"

a payment made to a professional person or to a professional or public body in exchange for advice or services

Example :

they were faced with legal fees of £3000

an annual membership fee

tuition fees have now reached $9000 a year

 The Crossword clue "Payment to a broker" published 4 time/s & has 1 answer/s. 

Crossword	Date	Answer
Crossword Champ Premium	7 July 2024	FEE
Universal	23 May 2012	FEE