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brokerage account

brokerage account

4 5.5
An account with a broker where you keep money to buy and sell stocks and bonds
  • noun
  • /ˈbroʊkərɪdʒ əˈkaʊnt/
  • Specialized
translation icon : cuenta de corretaje
  • In order to find out if investors were really getting the best service for their bucks, NerdWallet conducted a study of the most popular brokerage accounts in the U.S.
  • open a brokerage account
  • online brokerage account
  • personal brokerage account

The SIPIC insures your brokerage accounts against losses due to failure of your stockbroker.

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Examples

  • In addition, open up an online brokerage account, such as through ING or TD Ameritrade.

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  • To start trading in the stock market, you must first open a brokerage account.

  • Give me a computer, the internet, and a brokerage account, and I can make money anywhere in the world.

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  • At the end of the week, my brokerage account contained over two million dollars.

  • All I needed was a name on a brokerage account and a few bucks to start with.

  • Open a brokerage account, buy me 2000 shares of a stock called Allied Resources.

  • My 17-year-old son has a brokerage account where he invests a small amount of money he has received in gifts or earned from various activities.

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  • The SIPIC insures your brokerage accounts against losses due to failure of your stockbroker.

  • In most 401(k) plans, there are even more options, including a multitude of mutual funds, and in some cases, a self-directed brokerage account if you are savvy enough to manage the 401(k) on your own.

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  • Having a brokerage account allows you to buy and sell shares of companies.

How Risky

margin account
  • Specialized
1 7.2
brokerage account
  • Specialized
4 5.5
cash account
  • Specialized
1 4.4

Surface Forms

Morphology

brokerage + account

The meaning is directly compositional: 'brokerage' (a firm that arranges trading) + 'account' (a record or client account) yields an account held at a brokerage for trading securities. There is no idiomatic or metaphorical shift—it's domain-specific but predictable from the known constituents, so a learner who knows both words will understand it.

Etymology

Brokerage account comes from the simple picture of a broker, a person who helps 'buy and sell' for you, keeping an account or record of your money and trades. So a brokerage account today is the account you hold with a broker to put money in and 'trade' stocks and bonds.