Brokerage Account
/ˈbroʊ.kɚ.ɪdʒ əˌkaʊnt/
Definitions
- (n.) A financial account maintained by a brokerage firm enabling an investor to buy and sell securities.
She opened a brokerage account to invest in stocks and bonds.
Forms
- brokerage account
- brokerage accounts
Related terms
See also
Commentary
Distinct from custodial or retirement accounts, brokerage accounts offer liquidity and flexibility for trading securities.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.