stockbroker
/'stɔk,broukə/
Học thuậtThân thiện
Definition
- Noun:
- A professional agent who buys and sells stocks and bonds on behalf of clients: A stockbroker is a licensed individual or firm that acts as an intermediary between investors and the securities exchanges, executing orders to buy or sell stocks, bonds, and other financial instruments.
Usage and Examples
- Noun:
- She called her stockbroker to sell 100 shares of the company.
- To invest in the market, you typically need to open an account with a stockbroker.
- The stockbroker advised his client on a diversified portfolio.
Advanced Usage
"Full-service stockbroker": A broker who provides a wide range of services including investment advice, research, and portfolio management, typically for higher fees.
- He uses a full-service stockbroker to handle all his complex financial planning.
"Discount stockbroker": A broker who executes buy and sell orders at a reduced commission but offers little to no investment advice.
- For simple trades, many investors prefer a discount stockbroker to save on costs.
Variants and Related Words
Stockbrokerage (noun): The business or service provided by a stockbroker; a firm of stockbrokers.
- He works for a large stockbrokerage on Wall Street.
Stockbroking (noun): The profession of being a stockbroker.
- She has been in stockbroking for over twenty years.
Synonyms
- Broker: A general term for an agent who buys and sells for clients.
- Securities broker: A more formal term specifying the trade of securities (stocks, bonds).
- Investment advisor: While similar, this term often implies a stronger focus on providing financial advice rather than just executing trades.
Related Phrases and Idioms
"To talk to one's broker": A common phrase meaning to consult with one's financial agent, often about making an investment decision.
- Before making a big move, I need to talk to my broker.
"Playing the market through a broker": Using a broker's services to engage in stock market investment.
- He's not an expert, so he's playing the market through a trusted broker.
Noun
- an agent in the buying and selling of stocks and bonds