| Library / English Dictionary |
BROKERAGE ACCOUNT
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
A fund that a customer has entrusted to a securities brokerage
Example:
you can't get a brokerage account unless you have $20,000
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("brokerage account" is a kind of...):
account; business relationship (a formal contractual relationship established to provide for regular banking or brokerage or business services)
Hyponyms (each of the following is a kind of "brokerage account"):
cash account (an account with a securities brokerage whose transactions are settled on a cash basis)
margin account (an account with a securities brokerage in which the broker extends credit)
