HyperDic

English > 1 sense of the expression brokerage account:
NOUNpossessionbrokerage accounta fund that a customer has entrusted to a securities brokerage
English > brokerage account: 1 sense > noun 1, possession
MeaningA fund that a customer has entrusted to a securities brokerage.
Example"you can't get a brokerage account unless you have $20,000"
Narrowercash accountAn account with a securities brokerage whose transactions are settled on a cash basis
margin accountAn account with a securities brokerage in which the broker extends credit
Broaderaccount, business relationshipA formal contractual relationship established to provide for regular banking or brokerage or business services

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