soft dollars
Definition
Payments to a full-service brokerage for its services in terms of commission revenue, rather than actual cash payments. opposite of hard dollars.
Use soft dollars in a sentence
“ You may want to see if your brokerage would rather accept soft dollars if that makes things easier for both. ”
“ While the brokers continued to help close deals for the company, the soft dollars continued to flow in as well, and everyone was reeping the rewards. ”
“ Sometimes a brokerage firm or advisor receives services (infrastructure, information, or technology) instead of cash; these services are soft dollars. ”
