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brokerage firm vs nondepository financial institution

nondepository financial institution vs brokerage firm

brokerage firm and nondepository financial institution both are nouns.

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

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