Browsing By Tag "brokerage"
Browsing By Tag "brokerage"
Pronunciation : Bro"ker*age
Part of Speech : n.
Definition : 1. The business or employment of a broker. Burke.
2. The fee, reward, or commission, given or changed for transacting business as a broker.
Source : Webster's Unabridged Dictionary, 1913
These letters, addressed to Frederic Bastiat, an economist, originally appeared in a debate published in The Voice of the People, in 1849. Interest and Principal Arguments Drawn from the Operations of the Bank of France It is not true--and the facts just cited prove beyond a doubt that it is not--that the decrease of interest is proportional to the increase of capital. Between the price of merchandise and interest of capital there is not the least analogy; the laws governing their fluctuations are not the same; and all your dinning of the last six weeks in relation to capital and interest has been utterly devoid of sense. The universal custom of banks and the common sense of the people give you the lie on all these points in a most humiliat... (From : Anarchy Archives.)