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exchange broker

Defined in 2 dictionaries — Case Law, Black's (1910)

Definitions from Case Law

From 49 U.S. 73 - Asher Nathan v. The State of Louisiana · 1850Most cited · 119 citing opinions

Now the individual who uses his money and credit in buying and selling bills of exchange, and who thereby realizes a profit, may be taxed by a state in proportion to his income, as other persons are taxed, or in the form of a license. He is not engaged in commerce, but in supplying an instrument of commerce.

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

One who negotiates bills of exchange drawn on foreign countries or on other places in the same country; one who makes and concludes bargains for others in matters of money or merchandise. Little Rock v. Barton, 33 Ark. 444 ; Portland v. O'Neill, 1 Or. 219.

Defined under Exchange in Black's Law Dictionary.