![]() 905,642,503 visitors served. |
|
![]() Dictionary/ thesaurus | ![]() Medical dictionary | ![]() Legal dictionary | ![]() Financial dictionary | ![]() Acronyms | ![]() Idioms | ![]() Encyclopedia | ![]() Wikipedia encyclopedia | ? |
Brokerage Account |
Also found in: Dictionary/thesaurus, Hutchinson | 0.04 sec. |
|
Brokerage Account An arrangement between an investor and a licensed brokerage firm that allows the investor to deposit funds with the firm and place investment orders through the brokerage, which then carries out the transactions on the investor's behalf. The investor owns the assets contained in the brokerage account and must usually claim as income any capital gains he or she incurs from the account. Notes: There are several different types of brokerage accounts and brokerage firms investors are able to choose the type of brokerage account and broker that best suits their financial requirements. Some full-service brokers provide extensive investment advice, charging high fees for their efforts, while most online brokers simply provide a secure interface through which investors can place trade orders and, therefore, charge relatively low fees for their services.
Brokerage accounts can also differ in terms of order execution speed, analysis tools used, scope of tradeable assets, and the extent to which investors can trade on margin. |
|
? Mentioned in | ? References in periodicals archive | |
|---|---|---|
Presently, this alternative reporting feature for participant-directed brokerage account investments is available only for 2001. Arthur Levitt, chairman of the Securities and Exchange Commission last week said ``almost none'' of online brokerage account agreements discuss trading risks and alternatives to customers if the system goes down. Such loans are backed by securities held in your brokerage account, and the maximum "initial margin" allowable is 50%. |
| Free Tools: |
For surfers:
Browser extension |
Word of the Day |
Help
For webmasters: Free content NEW! | Linking | Lookup box | Double-click lookup | Partner with us |
|
|---|