discount broker

American

noun

an agent who discounts commercial paper.
a stockbroker who charges discount commission fees.

Other Word Forms

discount brokerage noun

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

“Most of the transactions in the secondary market are conducted through a broker or a discount broker, and the individual investor doesn’t have the horsepower or tools for price discovery,” Mr. Heckman said.

From New York Times • Apr. 22, 2016

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

From The Guardian • Jul. 23, 2010

TD Ameritrade is the second largest U.S. discount broker and operator of the largest retail trading platform.

From Reuters • Jun. 3, 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

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023