brokerage house
- Noun:
- A firm or company that acts as an intermediary in buying and selling securities, commodities, or other assets on behalf of clients: A brokerage house is a financial institution that facilitates transactions between buyers and sellers for a commission or fee. It provides a platform for trading and often offers related services like investment advice and research.
- Noun:
- She works for a large brokerage house on Wall Street.
- The investor placed his stock trade through a reputable brokerage house.
- Many online brokerage houses now allow clients to trade with low fees.
"full-service brokerage house": A firm that provides a wide range of services including investment advice, research, retirement planning, and tax guidance, typically for higher fees.
- High-net-worth individuals often prefer a full-service brokerage house for personalized advice.
"discount brokerage house": A firm that executes buy and sell orders at a reduced commission rate but typically does not provide investment advice or personalized service.
- Active traders frequently use a discount brokerage house to minimize transaction costs.
Brokerage (n): The business or service of acting as a broker; also used as a shorter term for a brokerage house.
- He works in the brokerage industry.
Broker-dealer (n): A person or firm that acts as both a broker (agent for others) and a dealer (principal trading for its own account), a common structure for a brokerage house.
- The firm is registered as a broker-dealer with the SEC.
- Brokerage firm: A company that buys and sells shares and other securities for its clients.
- Securities firm: A business specializing in trading investment securities.
To open an account with a brokerage house: The process of establishing a formal relationship with a firm to begin trading.
- Before you can invest, you need to open an account with a brokerage house.
Brokerage house analyst: A professional employed by the firm to research companies and make investment recommendations.
- The brokerage house analyst issued a "buy" rating on the technology stock.
- place where a broker conducts his business