Membership

(redirected from memberships)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.

Membership

An individual or firm's right to trade on an exchange floor. Memberships are bought and sold according to an individual's or firm's needs and desires, and they can be very expensive. Most exchanges have a set number of memberships; for example on the New York Stock Exchange there are 1366 seats, which may cost up to $1 million each. Most exchanges do not recognize only recognize individual members; member firms are usually informal terms for broker-dealer firms that have at least one principal officer with a seat on an exchange.
References in periodicals archive ?
Regular memberships must be linked to an individual.
There are so many outstanding benefits of membership in the Auxiliary.
Having a joint membership to Golf Sudbury has several advantages, according to Ames.
IABC staff has also worked to make the membership experience more valuable.
Member-At-Large of the Board of Directors appointed from the CalCPA membership for 2004-06:
For PIMA members, Membership Month is a time for you take advantage of the many valuable benefits you are entitled to: Sign up for one of our interactive online training sessions.
Marquis says it sold 500 memberships in 2002, its first year in business.
With the nation focusing more attention on cutting costs, gym membership fees have become an easy target.
Professional Member: Professional membership is available to any individual interested in advancing ACA's mission.
Membership was opened to permit persons who were "engaged in rehabilitation work under private auspices" to be invited by the Executive Committee to become active members.
Assuming the benefits provided to each class of member are the same, quantify membership benefits.
Among these were membership, dues and services; board representation; finance; human resources; and bylaw review.