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单词 soft dollars
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soft 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.
extracted from softadj.
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