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nondepository financial institution vs brokerage firm

brokerage firm vs nondepository financial institution

nondepository financial institution and brokerage firm both are nouns.

Word NounAdjectiveVerbAdverb
nondepository financial institution Yes No No No
brokerage firm Yes No No No
As nouns, brokerage firm is a hyponym of nondepository financial institution; that is, brokerage firm 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 firm: a stock broker's business; charges a fee to act as intermediary between buyer and seller
nondepository financial institution (noun) brokerage firm (noun)
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
Difference between nondepository financial institution and brokerage firm

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