Broker Of Record

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Definition: Broker Of Record

Broker Of Record
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Full Definition of Broker Of Record

An individual designated by policyholders to manage insurance policies. This agent works with individuals or companies and is paid a commission every month. Hiring a broker of record legally requires a broker of record letter, as does replacing a broker of record.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/broker-of-record/
Modern Language Association (MLA):
Broker Of Record. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/broker-of-record/.
Chicago Manual of Style (CMS):
Broker Of Record. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/broker-of-record/ (accessed: April 19, 2024).
American Psychological Association (APA):
Broker Of Record. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/broker-of-record/

Definition Sources

Definitions for Broker Of Record are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.