brokerage firm

/'brəυkərɪdʒ fɜ:m/, brokerage house /'brəυkərɪdʒ haυs/ noun
a firm which buys and sells shares for clients

Dictionary of banking and finance. 2015.

Look at other dictionaries:

  • brokerage firm — noun a stock broker s business; charges a fee to act as intermediary between buyer and seller • Syn: ↑brokerage, ↑securities firm • Derivationally related forms: ↑broker (for: ↑brokerage) • Hypernyms: ↑ …   Useful english dictionary

  • brokerage — The fee paid to a floor broker for executing orders. May be a flat amount or a percentage; also referred to as a commission. Chicago Mercantile Exchange Glossary Commission charges payable on securities transactions. Dresdner Kleinwort… …   Financial and business terms

  • Brokerage Account — An arrangement between an investor and a licensed brokerage firm that allows the investor to deposit funds with the firm and place investment orders through the brokerage, which then carries out the transactions on the investor s behalf. The… …   Investment dictionary

  • brokerage — [[t]bro͟ʊkərɪʤ[/t]] brokerages 1) N COUNT: usu N n A brokerage or a brokerage firm is a company of brokers. ...Japan s four biggest brokerages. 2) N UNCOUNT: usu N n A brokerage fee or commission is the money charged by a broker for his or her… …   English dictionary

  • Firm Order — 1. A market order to buy or sell a security for a brokerage s proprietary account. A firm order requires a trader to be fully authorized by the brokerage before executing the transaction. 2. A buy or sell order executed by a broker for a client s …   Investment dictionary

  • Brokerage General Agent — An independent firm or contractor working for an insurance company whose main function is to sell one or more insurance products to select insurance brokers. Brokers then sell the policies to their clients. Brokerage general agents can specialize …   Investment dictionary

  • brokerage — bro|ker|age [ˈbrəukərıdʒ US ˈbrou ] n [U] 1.) the business of being a broker 2.) the amount of money a broker charges 3.) brokerage house/firm a company of brokers, or the place where they work …   Dictionary of contemporary English

  • brokerage — noun (U) 1 the business of being a broker 2 the amount of money a broker charges 3 brokerage house/firm a company of brokers, or the place where they work …   Longman dictionary of contemporary English

  • brokerage — noun a) A business, firm, or company whose business is to act as a broker. b) The commission paid to a broker …   Wiktionary

  • brokerage house — An individual or organization that solicits or accepts orders to buy or sell futures contracts or options on futures and accepts money or other assets from customers to support such orders. Also referred to as commission house or wire house .… …   Financial and business terms

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