acompanythatbuysandsellsinvestmentsforitscustomersat alowercostthan afull-servicebrokeragebecause it does notprovideinvestmentadvice:He now has $7,000invested, through anonlinediscountbrokerageComparefull-service brokerage(Definition ofdiscount brokeragefrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesofdiscount brokerage
discount brokerageAdiscountbrokeragemay offer a reduced commission if no other brokerage firm is involved and no co-op commission paid out.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.He was also the first to selldiscountbrokerageservices to banks, insurance companies and consumers.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.In addition todiscountbrokerage, the company also offers services such as investment research, mutual funds, annuities, bond trading, checking, savings, and mortgages.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Since its inception, the onlinediscountbrokeragewebsite has undergone five revamps of the site, with the latest in early 2011.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/discount-brokerage##
