brokerage account

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Definitions from WordNet

Noun brokerage account has 1 sense

brokerage account - a fund that a customer has entrusted to a securities brokerage; "you can't get a brokerage account unless you have $20,000"
--₁ is a kind of account, business relationship
--₁ has particulars: cash account; margin account

Definitions from the Web

Brokerage Account

A brokerage account is a type of financial account that allows an individual or entity to buy and sell various types of securities, such as stocks, bonds, and mutual funds, through a licensed brokerage firm.

Senses and Usages:

Popular sense: In popular usage, a brokerage account typically refers to an individual investment account used for trading securities.
Local sense: In some regions, a brokerage account can also include specialized accounts like retirement accounts or education savings accounts.

Sample Sentences:

Popular sense: John opened a brokerage account with XYZ Brokerage to start investing in the stock market.
Local sense: Sarah decided to contribute a portion of her salary to her retirement brokerage account.

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