👉 Financially ruined, bankrupt.
Alright class, settle down, let’s take a look! That definition you read – "financially ruined, bankrupt" – it’s certainly one way the word “broker” can be used. But it’s not quite the whole story, no sirree! Let's think about this like a bridge, you see? A broker isn’t necessarily someone who's lost everything in a financial spree. Instead, a broker is someone who connects people or things – often with money involved. They act as an intermediary, a go-between, if you will. Here are some ways we use the word: Real Estate Brokers: They help buyers and sellers find properties. They’re the link in that chain! Stockbrokers: They buy and sell stocks for their clients – they're making deals, a financial gain! Insurance Brokers: They shop around for the best coverage you can attain. Essentially, a broker facilitates transactions. They don’t necessarily create wealth themselves; they help others do so. They're crucial in getting things done. So, while "financially ruined" can describe someone who’s failed as a broker – if their business went south – it’s not the primary meaning of the word. Does that make sense? Do you have any questions about what a broker does?
