| 1. | a person, animal, plant, group, etc., that is part of a society, party, community, taxon, or other body. |
| 2. | Government.
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| 3. | a part or organ of an animal body; a limb, as a leg, arm, or wing. |
| 4. | Botany. a structural entity of a plant body. |
| 5. | the penis. |
| 6. | a constituent part of any structural or composite whole, as a subordinate architectural feature of a building. |
| 7. | Mathematics.
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| 8. | Geology. a stratigraphic unit recognized within a formation, and mapped as such. |
| 9. | being a member of or having membership in an association, organization, etc.: member countries of the United Nations. |

Member
1. In the most general context, a brokerage firm (or broker) holding membership on an organized stock or commodities exchange. Membership is generally required in order to fill trades for clients on the exchange.
2. For the New York Stock Exchange, one of over 1300 individuals or firms owning a seat on the exchange.
3. For the National Association of Securities Dealers (NASD), any broker-dealer admitted to membership in the association.
Investopedia Commentary
Brokerages must have a "member seat" on the NYSE to trade stocks for their clients. The larger firms have several seats on the exchange. Seats cost over $1,000,000 each!
Related Links
Brokers and Online Trading
See also: Broker-Dealer, Member Firm, NASD, NYSE
member
member mem·ber (měm'bər)
n.
A distinct part of a whole.
A part or an organ of a human or animal body, especially a limb.
member (měm'bər) Pronunciation Key
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