discount brokerage

discount brokerage
discount brokerage discount brokerage brokerage

* * *

   A brokerage firm that executes orders at a discounted rate of commission. Discount brokers tend to offer fewer client services than non-discount or full-service brokers. For example, they may not offer full research and investment recommendations.
   ► See also Broker.

* * *

discount brokerage UK US noun [C] STOCK MARKET
a company that buys and sells investments for its customers at a lower cost than a full-service brokerage because it does not provide investment advice: »

He now has $7,000 invested, through an online discount brokerage

Compare FULL-SERVICE BROKERAGE(Cf. ↑full-service brokerage)

Financial and business terms. 2012.

Игры ⚽ Поможем написать курсовую

Look at other dictionaries:

  • Discount brokerage — A discount brokerage is a business that charges clients significantly lower fees than traditional brokerages, typically offering comparatively fewer services and/or support. Contents 1 Securities 1.1 See also 2 Real estate 3 Se …   Wikipedia

  • Discount Brokerage — Bereitstellung von Bankdienstleistungen und Informationsmöglichkeiten überwiegend im Wertpapiergeschäft bei geringer oder ohne Beratungsleistung. Die Abwicklung der Dienstleistungen erfolgt häufig online oder per Internet. Die Produkte erreichen… …   Lexikon der Economics

  • discount broker — discount brokerage. 1. an agent who discounts commercial paper. 2. a stockbroker who charges discount commission fees. [1860 65] * * * …   Universalium

  • 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

  • discount broker — noun : one who makes a business of discounting commercial paper usually as an agent * * * discount brokerage. 1. an agent who discounts commercial paper. 2. a stockbroker who charges discount commission fees. [1860 65] …   Useful english dictionary

  • discount — dis·count 1 / dis ˌkau̇nt/ n: a reduction made from the gross amount or value of something: as a: a reduction made from a regular or list price or a proportionate deduction from a debt account usu. made for prompt payment or for payment in cash b …   Law dictionary

  • brokerage — bro·ker·age / brō kə rij/ n 1: the business or establishment of a broker 2: a broker s fee or commission Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • discount broker — A brokerage house featuring relatively low commission rates in comparison to a full service broker. Bloomberg Financial Dictionary See broker. * * * discount broker discount broker ➔ broker1 * * * discount broker UK US noun [C] ► STOCK MARK …   Financial and business terms

  • Deep Discount Broker — An agent that mediates sales and exchanges between securities buyers and sellers at even lower commission rates than those offered by a regular discount broker. As one might expect, deep discount brokers also provide fewer services to clients… …   Investment dictionary

  • Volume Discount — A financial incentive for individuals or businesses that purchase goods in multiple units or in large quantities. The seller or manufacturer rewards those buying in bulk by providing a reduced price for each good or group of goods. Volume… …   Investment dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”