单词 | soft dollars |
释义 | > as lemmassoft dollars soft dollars n. Finance (originally and chiefly U.S.) payment for brokerage services such as research, analysis, advice, etc., made in some form other than direct fees; cf. soft commission n. ΚΠ 1970 Hartford (Connecticut) Courant 1 Nov. 13 c/6 One fund manager..might have to pay in ‘hard’ dollars for research services now paid for in ‘soft’ dollars. His lower commission could easily be offset by a smaller profit on the trade. 1985 Wall St. Jrnl. 10 Jan. 1/6 The New York-based consultant was reimbursed in so-called soft dollars, commissions paid to an affiliated brokerage firm for services beyond the execution of securities transactions. 2004 Philadelphia Inquirer 13 June e6/5 Brokerage firms use soft dollars to process a fund firm's trades. < as lemmas |
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