Back Office

« Back to Dictionary Main | Browse other BROKER terms »

The administrative functions at a brokerage that support the trading of securities, including trade confirmation and settlement, recordkeeping, and regulatory compliance. "More generally, administrative functions that support but are not directly involved in the operations of a business, such as accounting and personnel."

This Glossary is provided by www.InvestorWords.com
Copyright©1997-2007 by WebFinance Inc. All Rights Reserved.