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Brokerage Account

Brokerage Account Definition

A brokerage account is the relationship that transpires between an investor and a licensed brokerage firm. It is where the investor deposits certain funds in a firm and post orders for investments with the aid of a brokerage who then acts on behalf of the investor in so far as carrying out a transaction is concerned.


Additional meaning of Brokerage Account:
Aptly said, it is an account which the investor opens with a particular brokerage firm.
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