What does brokerage account mean?
Definitions for brokerage account
bro·ker·age account
This dictionary definitions page includes all the possible meanings, example usage and translations of the word brokerage account.
Princeton's WordNet
brokerage accountnoun
a fund that a customer has entrusted to a securities brokerage
"you can't get a brokerage account unless you have $20,000"
ChatGPT
brokerage account
A brokerage account is an investment account set up with a brokerage firm that allows an investor to buy, hold, and sell various types of investments such as stocks, bonds, mutual funds, and exchange-traded funds. It can also include other types of investments like options and futures. The investor deposits money into this account and uses it to make securities transactions. The brokerage firm acts as an intermediary, facilitating the buying and selling process for a fee or commission. Some brokerage accounts may also offer a range of additional services like financial advice, market research, and margin loans.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of brokerage account in Chaldean Numerology is: 4
Pythagorean Numerology
The numerical value of brokerage account in Pythagorean Numerology is: 6
Translations for brokerage account
From our Multilingual Translation Dictionary
- conto di intermediazioneItalian
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"brokerage account." Definitions.net. STANDS4 LLC, 2024. Web. 18 May 2024. <https://www.definitions.net/definition/brokerage+account>.
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