Underwriter
A securities broker or dealer that purchases bonds from an issuer and resells them to investors.
bond-basics
Commission
A form of remuneration received by a broker, dealer or dealer bank purchasing or selling Bonds when acting as agent for a customer. The Commission is typically a charge to the customer of a set fee per Bond.
See Also
Start with the Bond Basics
Hundreds of Terms and Concepts
Credit Enhancement or Liquidity Facility Provider
Parties providing superior credit to improve the credit quality of a bond issue, and/or funds to the issuer to repurchase bonds that a bondholder may tender.