Gross dealer concession
id:
gross-dealer-concession-263-15512910
title:
Gross dealer concession
text:
Gross Dealer Concession or GDC is the revenue to a brokerage firm when commissioned securities and insurance salespeople sell a product, whether it is an investment like stocks, bonds, or mutual funds, or insurance like life insurance or long term care insurance. The commission that the agent receives is usually a percentage of this figure, although some firms like Merrill Lynch use figures called Production Credits, usually smaller than GDC, to determine payouts and retain more revenue. For exa
brand slug:
wiki
category slug:
encyclopedia
description:
Revenue to brokerage firm when product is sold
original url:
https://en.wikipedia.org/wiki/Gross_dealer_concession
date created:
date modified:
2023-12-23T20:42:39Z
main entity:
{"identifier":"Q5610488","url":"https://www.wikidata.org/entity/Q5610488"}
image:
fields total:
13
integrity:
14