English Dictionary |
BROKERAGE ACCOUNT
Pronunciation (US): | (GB): |
IPA (US): |
Dictionary entry overview: What does brokerage account mean?
• BROKERAGE ACCOUNT (noun)
The noun BROKERAGE ACCOUNT has 1 sense:
1. a fund that a customer has entrusted to a securities brokerage
Familiarity information: BROKERAGE ACCOUNT used as a noun is very rare.
Dictionary entry details
Sense 1
Meaning:
A fund that a customer has entrusted to a securities brokerage
Classified under:
Nouns denoting possession and transfer of possession
Context example:
you can't get a brokerage account unless you have $20,000
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)
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