TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

CUT-RATE BROKER [1 record]

Record 1 2010-04-06

English

Subject field(s)
  • Occupation Names (General)
  • Stock Exchange
  • Investment
DEF

[An] exchange member who will provide execution-only services for clients and, as a result, charge lower, or discounted, commissions.

OBS

The principal difference between discount brokers and full-service brokers is that the latter will give investment advice and portfolio suggestions. Discount brokers enter orders for clients who wish to buy or sell. They also provide margin accounts and, occasionally, custodial service. They do not provide advice or other research services.

French

Domaine(s)
  • Désignations des emplois (Généralités)
  • Bourse
  • Investissements et placements
DEF

Courtier en valeurs mobilières qui demande une commission inférieure à celle d'un courtier traditionnel.

CONT

Le courtier à escompte ne fait qu'exécuter les commandes de ses clients. Il ne donne aucun conseil ni renseignement.

Spanish

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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