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