stockbroker
Definition
Licensed agent who has to pass certain qualifying tests to be certified to offer securities investment advice to investors. He or she may (1) counsel what and when to buy, (2) counsel whether to hold or sell securities, (3) execute buy-sell orders on behalf of the investors, and (4) charge a percentage of the transaction amount as brokerage fee for the services rendered. Also called registered representative.
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stockbroker is in the Investing and Securities & Futures Trading subjects.
stockbroker appears in the definitions of the following terms: registered representative, dividend discount model, margin account, dividend valuation model, stop loss order, margin and discount broker
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