finder’s fee

Dictionary of Banking Terms for: finder’s fee
finder’s fee
  1. fee paid by a lender to a broker, or sometimes by a borrower to a broker, for obtaining a loan, usually a mortgage, or for referring business to a lender.
  2. fee paid by a lender to a third party and sometimes to a bank’s own customers, for referring new business.
  3. in real estate, a commission paid to a broker for locating a property.
  4. in securities, a fee paid by an investment banker to someone who brings in a deal.
Dictionary of Business Terms for: finder’s fee
finder’s fee

In general: fee paid to an individual or company whose function is to bring together the parties involved in a business deal. The finder will often serve as an intermediary until the deal is consummated. The fee is usually a percentage of either the profit created by the deal or the value of the deal, but it may also be a flat rate paid by one or all of the parties involved.
Advertising: fee paid by an advertising agency to the individual or firm responsible for bringing a large account into the agency.

Dictionary of Finance and Investment Terms for: finder’s fee
finder’s fee

fee charged by a person or company acting as a finder (intermediary) in a transaction.

Dictionary of Insurance Terms for: finder’s fee
finder’s fee

monetary sum paid to an intermediary who acts as the contact between the lender (an insurance company) and the borrower.

Dictionary of Marketing Terms for: finder’s fee
finder’s fee

In general: fee paid to an individual or company whose function is to bring together the parties involved in a business deal. The finder will often serve as an intermediary until the deal is consummated. The fee is usually based on either a percentage of the profit created by the deal or the value of the deal, but it may also be a flat rate paid by one or all of the parties involved.
Advertising: fee paid by an advertising agency to the individual or firm responsible for bringing a large account into the agency.

Dictionary of Real Estate Terms for: finder’s fee
finder’s fee

money paid to someone other than a broker who locates suitable property or a purchaser. Prohibited or limited in most states.

Example: Broker Abel has a listing on a particular property. Baker knows several people interested in such property. Abel arranges with Baker to provide a finder’s fee should one of the prospects identified by Baker purchase the property.

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