Business / Taxes / Discount Brokerage Firm: Discount brokerage firms charge lower commissions than full-service brokerage firms when they execute investors' buy and sell orders but may provide fewer services to their clients. For example, they may not offer investment advice or maintain independent research departments. Because of the information and online account access on most brokerage websites, differences between full-service and discount firms are less apparent to the average investor.
Discount Verb Synonyms: diminish, lessen, minimize, detract from
Discount Adjective Synonyms: reduce, mark down, deduct, lower, take or knock off
Firm Verb Synonyms: compact, solid, dense, compressed, condensed, concentrated, rigid, stiff, hard, unyielding, inflexible, inelastic
Firm Adjective Synonyms: steady, strong, sturdy, tight, unwavering, unshakable or unshakeable, unswerving
Business / Taxes / Full-Service Brokerage Firm: Full-service brokerage firms usually offer their clients a range of services in addition to executing their buy and sell orders. These firms usually have full-time research departments and investment MORE
Business / Finance / Firms Net Value Of Debt: A definite price on a round-lot bid or offer declared by a market maker on a given security and not identified as a nominal quotation (therefore is not negotiable). MORE