Brokerage Account

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Definition

Brokerage Account. An account offered by a broker that allows the investor to deposit funds and place investment orders

The investor owns the assets contained in the brokerage account and must usually claim as income any capital gains incurred.

See Also


Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.