Meaning of “broker-dealer” in the English Dictionary


"broker-dealer" in Business English

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broker-dealernoun [ C ]

also broker/dealer uk us

FINANCE, STOCK MARKET a person or a financial company that acts both as a broker, making investments for customers, and as a dealer making investments for themselves:

We are one of the country's leading broker-dealers, supporting independent investment advisors nationwide.

(Definition of “broker-dealer” from the Cambridge Business English Dictionary © Cambridge University Press)