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nondepository financial institution vs brokerage

brokerage vs nondepository financial institution

nondepository financial institution and brokerage both are nouns.

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

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