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discount broker

American  

noun

  1. an agent who discounts commercial paper.

  2. a stockbroker who charges discount commission fees.


Other Word Forms

Etymology

Origin of discount broker

First recorded in 1860–65

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

“Excuse me — Schwab is charging a very low fee,” a woman pointed out, after a presentation by Walter W. Bettinger II, the chief executive of the discount broker Charles Schwab.

From New York Times Dec. 30, 2017

This is a good option if you need help setting up a master plan that you could then implement yourself with a fund company or discount broker.

From US News May 18, 2016

Griffin, the founder of hedge fund Citadel LLC, which runs a competing trade execution business, earlier this year resigned from the E*Trade board and sold Citadel's 9.6 percent stake in the discount broker.

From Reuters Aug. 6, 2013

Read our guide to investing.Avoid initial charges of 5%-6% by buying via a discount broker.

From The Guardian Jul. 23, 2010

Once you've got your feet wet, you and your kids can research other ways to buy stocks, such as directly from the company or through a discount broker.

From Time Magazine Archive

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