First-term Democratic incumbent North Carolina Sen. Kay Hagan lost in a tight contest against GOP challenger Thom Tillis, according to a CNN projection. It was the most expensive Senate race this cycle: A great deal of the funding was provided by out-of-state organizations backing harsh television attack ads.
Noun. 1. brokerage-a stock broker's business; charges a fee to act as intermediary between buyer and seller. brokerage firm, securities firm. bucket shop-an unethical or overly aggressive brokerage firm.
What Is a Brokerage Account? Understanding the Basic Definition. A brokerage account is a type of taxable account that you open with a stock brokerage firm. You deposit cash into this account either by writing a check or linking it to a checking or savings account at your bank. Once this cash is deposited, you can use the money to acquire many different types of investments.