note broker

noun

, Finance.

1. a broker who buys and sells commercial paper.

Word History and Origins

Origin of note broker¹

An Americanism dating back to 1865–70

Example Sentences

In a note broker Jefferies said it believed NGR to be an attractive asset that could attract partners to fund further development.

From Reuters

In the future a solvent borrower will feel more certain that his paper can always be marketed by his note broker; and banks will purchase more largely, since they will prefer to use such paper for rediscounting purposes rather than that of their own regular customers.

From Project Gutenberg

A bill and note broker who does not disclose the principal's name is liable like other agents as a principal.

From Project Gutenberg

At certain times of the year the calls for money from the mills are greater than at other times, and as shipments come forward, and advances are required, the commission house, in order to put itself in funds, will issue a series of its own notes in convenient sized amounts, $5,000 to $10,000 each, for instance, and will offer these for sale, through its note broker.

From Project Gutenberg

"You know I once told you that my father was much away from home, traveling in the West, where he claimed to have business interests, and it was not till after his death that we knew what his business actually was—that of a note broker—with a passion for gambling?"

From Project Gutenberg