Based on the Random House Dictionary, © Random House, Inc. 2009.
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Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Stockbroker
Stock"bro`ker\, n. A broker who deals in stocks.Cite This Source
Stockbroker
1. An agent that charges a fee or commission for executing buy and sell orders submitted by an investor.
2. The firm that acts as an agent for a customer, charging the customer a commission for its services.
Investopedia Commentary
It used to be that only the wealthy could afford a broker and have access to the stock market. With the internet came the explosion of discount brokers that let you trade at a smaller fee, but don't provide personalized advice. Because of discount brokers, nearly anybody can afford to invest in the market now.
Related Links
Brokers and Online Trading
Shopping For A Financial Advisor
Tips For Resolving Disputes With Your Financial Advisor
See also: Agent, Analyst, Broker, Broker-Dealer, Commission, Discount Broker, Front Running, Full Service Broker
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Copyright © 2003. Published by Houghton Mifflin.
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Copyright © 2009, Dictionary.com, LLC. All rights reserved.


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