discount broker Definition in the Cambridge English Dictionary

Definition of “discount broker” - English Dictionary

Definition of "discount broker" - Business English Dictionary

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discount brokernoun [C]

uk   us  
STOCK MARKET someone who ​buys and ​sellsinvestments for their ​customers at a ​lowercost than a full-servicebroker because they do not ​provideinvestmentadvice: You can obtain a ​rebate of 3% or more on ​unittrusts if you ​buy them from a ​discountbroker.
UK FINANCE →  bill broker
(Definition of discount broker from the Cambridge Business English Dictionary © Cambridge University Press)
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