WordNet
n. a stock broker's business; charges a fee to act as intermediary between buyer and seller [syn: brokerage, securities firm]
Wikipedia
A brokerage firm, or simply brokerage, is a financial institution that facilitates the buying and selling of financial securities between a buyer and a seller. Brokerage firms serve a clientele of investors who trade public stocks and other securities, usually through the firm's agent stockbrokers. A traditional, or "full service," brokerage firm usually undertakes more than simply carrying out a stock or bond trade. The staff of this type of brokerage firm is entrusted with the responsibility of researching the markets to provide appropriate recommendations, and in doing so they direct the actions of pension fund managers and portfolio managers alike. These firms also offer margin loans for certain approved clients to purchase investments on credit, subject to agreed terms and conditions. Traditional brokerage firms have also become a source of up-to-date stock prices and quotes.
Usage examples of "brokerage firm".
I had the power of attorney with me that Meyer had given me, which, when signed by Janine and witnessed, would authorize him to buy and sell securities in her name in the margin account he was establishing for her at the brokerage firm he used in Lauderdale.
Ryan worked through a discount brokerage firm that had people on duty around the clock.
They include banks, lobbyists, several CIA staffers at their private homes, a brokerage firm.
Paul Guber quit his brokerage firm and entered rabbinical college in Chicago.
Data's entirely innocent recounting of a petty humiliation visited upon him by reactionary officials of a venerable, stuffy, old brokerage firm had accidentally revealed a loophole in a Ferengi contract!
Behind that brokerage firm of his were several lines of business that we were trying to put a finger on at about the time he was taken ill.
At the Gilford and Hollis brokerage firm, I talked to a broker's representative and got a prospectus on each of the five companies that had employed the dead executives whose names had been given to me by Alison, plus a prospectus on Widow Cable.