Definition, Meaning & Synonyms
brokerage-house
Noun
/ˈbroʊkəˌrɪdʒ haʊs/
Definition
A brokerage house is a firm that facilitates the buying and selling of financial securities between a buyer and a seller.
Examples
- After doing thorough research, she decided to invest through a reliable brokerage house.
- The brokerage house offered various investment options tailored to their clients’ needs.
- Many people seek advice from their brokerage house before making significant stock purchases.
Meaning
It acts as an intermediary and provides a range of services, including investment advice, execution of trades, and wealth management.
Synonyms
- Brokerage firm
- Investment house
- Financial intermediary