Broker – An individual or organisation acting as an intermediary in a transaction, typically on behalf of one of the parties in return for a fee or commission. The term is used in a number of fields, including investments, share trading, insurance and real estate. A stock broker, for example, will execute ‘buy’ and ‘sell’ stocks & shares orders on behalf of an investor. An insurance broker, by contrast, will advise on and negotiate insurance products on behalf of a client.
Cash Sales – A business transaction for which payment is received immediately via cash, cheque, credit card or electronic fund transfer. It may also refer to a transaction on the stock exchange floor which requires delivery of the securities on the same day, as opposed to the stock exchange norm of delivering on the third day.
Commission – An agreed percentage of a transaction paid to a salesperson employed by a company, or to an individual/organisation engaged by a business to perform a specific task. An example of the latter would be to sell of part of the business, its premises, or equipment. A Commission is also be levied by a broker for arranging an investment.
Simple Linear Regression – A statistical technique that measures the relationship between an independent (predictor) variable and a dependent (outcome) variable. In doing so, a straight line is fitted to a set of data points to measure the effect of a single data variable. Simple Linear Regression is a method of organising historical data and is commonly used in stocks and shares trading to predict the way in which a stock will move at a future time.
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