brokerage house
- noun
- /ˈbroʊkərɪdʒ haʊs/
- Specialized
- Now, the people on the phones are taking orders from brokerage houses all over the world.
- banks and brokerage houses
- brokerage house or an independent
What that means is there are parties that will pay brokerage houses payment for order flow.
- What that means is there are parties that will pay brokerage houses payment for order flow.
Examples
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Advisers at brokerage houses, insurance companies, bank branches, and large financial firms often are commission-based.
Blog text (6) -
How about finding a position at a real brokerage house?
Fiction book (2000) -
What that means is there are parties that will pay brokerage houses payment for order flow.
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You have similar issues with banks and brokerage houses.
Blog text (15) -
We get a brokerage house to underwrite the stock issue.
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Between us, we had eight interviews lined up with decent companies, including two brokerage houses.
Fiction book (2001) -
Well, in what I used to call my real life, I worked as a marketing statistician for a brokerage house.
Fiction book (1994) -
There is no difference in the relative optimism of full-service firms compared to brokerage houses.
Academic text (2016) -
These figures suggest a possible opportunity for brokerage houses to generate trading commissions using REITs.
Academic text (2016) -
Telisa Felder graduated from Loyola and works for a large brokerage house in Chicago.
Synonyms
A company that helps people buy and sell things like stocks for a fee
A person who buys and sells company shares for clients
A company that helps people buy and sell stocks and other investments for a fee
A person or company that buys and sells stocks and bonds for clients and trades for itself
A company that buys and sells raw materials like oil or grain for clients and charges a fee
Surface Forms
Morphology
The meaning 'a firm/place of business that carries out brokerage' is directly and transparently derived from combining 'brokerage' (a firm that arranges transactions) with 'house' (a firm or establishment). The noun-compounding pattern X + house meaning 'a company specializing in X' is common in English and other languages, so a B1 learner who knows both constituents can readily infer the MWE's meaning.
Etymology
The name brokerage house comes from the words brokerage meaning a broker's business and house meaning a place of work. Imagine a place where brokers meet clients to 'buy and sell' shares or other assets and charge a small 'fee' for their help, so today brokerage house means a company that does this job for clients.