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A stock that a brokerage keeps in its inventory. A brokerage may keep house stocks for clients or may trade them it its capacity as a market maker.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
A stock that a brokerage firm buys and sells as a market maker or has in its inventory.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.