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Discount broker

   Also found in: Dictionary/thesaurus, Wikipedia 0.02 sec.
Discount broker
A brokerage house featuring relatively low commission rates in comparison to a full-service broker.


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Typically, a discount broker will work with your wishes to invest sums as small as $20 or $30 per month over time.
Charles Schwab, the pioneering discount broker, for one.
He opened an account with a discount broker and began buying stocks but with mixed success at first.
 
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