HyperDic: brokerage_account

English > 1 sense of the expression brokerage account:
NOUNpossessionbrokerage accounta fund that a customer has entrusted to a securities brokerage
English > brokerage account: 1 sense > noun 1, possession
MeaningA fund that a customer has entrusted to a securities brokerage.
Example"you can't get a brokerage account unless you have $20,000"
Narrowercash accountAn account with a securities brokerage whose transactions are settled on a cash basis
margin accountAn account with a securities brokerage in which the broker extends credit
Broaderaccount, business relationshipA formal contractual relationship established to provide for regular banking or brokerage or business services
Spanishcuenta de comisión de intermediación, cuenta de corretaje

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