Cryptocurrency Q&A
What does GDC stand for in investments?
What does GDC stand for in investments?
SkyWalkerEcho
Wed Nov 13 2024
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7 answers
1532
I'm trying to understand the meaning of GDC in the context of investments. I've encountered this term and I'm not sure what it represents or stands for in the financial or investment world.
7 answers
Martina
Fri Nov 15 2024
The products in question can be investments such as stocks, bonds, or mutual funds.
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Michele
Fri Nov 15 2024
Alternatively, they can be insurance policies like life insurance or long-term care insurance.
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SakuraSpirit
Fri Nov 15 2024
Regardless of the type of product sold, the brokerage firm earns a commission, known as the Gross Dealer Concession.
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EthereumElite
Fri Nov 15 2024
Gross Dealer Concession, abbreviated as GDC, represents a significant source of income for brokerage firms.
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GyeongjuGloryDaysFestival
Fri Nov 15 2024
This commission serves as an incentive for the brokerage firm to encourage its salespeople to actively seek out and sell products.
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