Definition

1. 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

1. an agent in the buying and selling of stocks and bonds