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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

Derived 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.

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

The discount broker Charles Schwab, for example, introduced its Intelligent Portfolios robo-adviser in March.

From New York Times • May 22, 2015

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

From The Guardian • Jul. 23, 2010

Chairman Charles Schwab, the company's namesake founder, pioneered the discount broker model in the 1970s.

From Reuters • Apr. 15, 2010

Schwab quickly became the largest discount broker in the U.S., with offices in 40 cities, 600 employees and 220,000 clients.

From Time Magazine Archive

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