We have changed our privacy policy. In addition, we use cookies on our website for various purposes. By continuing on our website, you consent to our use of cookies. You can learn about our practices by reading our privacy policy.
© 2016 Shmoop University, Inc. All rights reserved.

Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Agency Cross Transaction


When a broker acts as a broker for both you and the other party during a transaction.

Thanks to the Investment Advisers Act of 1940, investment advisers who need to get permission from their clients before trying this system out.