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discount broker

   Also found in: Financial, Wikipedia 0.03 sec.
discount broker
n.
1. An agent who discounts a bill, note, or other commercial paper.
2. A stockbroker or brokerage house that gives a discount on commission fees.

discount brokerage n.

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Typically, a discount broker will work with your wishes to invest sums as small as $20 or $30 per month over time.
Charles Schwab, the pioneering discount broker, for one.
He opened an account with a discount broker and began buying stocks but with mixed success at first.
 
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