A financial instrument that is used and applied by brokers at the beginning of a business transaction. The agreement ensures that the middle man is not cut out of the deal and that information discussed during negotiations is not passed on to any external parties.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser