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Finance Glossary

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Over 700 finance terms, Shmooped to perfection.

Brokerage Account

Definition:

Brokerage accounts are where you buy and sell stocks and other liquid securities. Setting up a brokerage account is easy, and for an investment amount of usually less than $2,500, anyone can trade stocks like a tie-wearing Wall Street dude. If you have the extra money to be able to invest, then... can we borrow a tie?