discount broker
Americannoun
-
an agent who discounts commercial paper.
-
a stockbroker who charges discount commission fees.
Other Word Forms
- discount brokerage noun
Etymology
Origin of discount broker
First recorded in 1860–65
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
This is a good option if you need help setting up a master plan that you could then implement yourself with a fund company or discount broker.
From US News • May 18, 2016
“Most of the transactions in the secondary market are conducted through a broker or a discount broker, and the individual investor doesn’t have the horsepower or tools for price discovery,” Mr. Heckman said.
From New York Times • Apr. 22, 2016
Read our guide to investing.Avoid initial charges of 5%-6% by buying via a discount broker.
From The Guardian • Jul. 23, 2010
Chairman Charles Schwab, the company's namesake founder, pioneered the discount broker model in the 1970s.
From Reuters • Apr. 15, 2010
Once you've got your feet wet, you and your kids can research other ways to buy stocks, such as directly from the company or through a discount broker.
From Time Magazine Archive
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
