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brokerage vs nondepository financial institution

nondepository financial institution vs brokerage

brokerage and nondepository financial institution both are nouns.

Word NounAdjectiveVerbAdverb
brokerage Yes No No No
nondepository financial institution Yes No No No
As nouns, nondepository financial institution is a hypernym of brokerage; that is, nondepository financial institution is a word with a broader meaning than brokerage:
  • brokerage: a stock broker's business; charges a fee to act as intermediary between buyer and seller
  • nondepository financial institution: a financial institution that funds their investment activities from the sale of securities or insurance
brokerage (noun) nondepository financial institution (noun)
place where a broker conducts his business a financial institution that funds their investment activities from the sale of securities or insurance
a stock broker's business; charges a fee to act as intermediary between buyer and seller
the business of a broker; charges a fee to arrange a contract between two parties
Difference between brokerage and nondepository financial institution

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