broker-dealer Meaning in the Cambridge English Dictionary
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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 ​financialcompany 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, ​supportingindependentinvestmentadvisorsnationwide.
(Definition of broker-dealer from the Cambridge Business English Dictionary © Cambridge University Press)
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