block house

block house definition - business

block house

A brokerage firm that specializes in assisting with trades of blocks of securities. Block houses generally work with institutional clients such as mutual funds and pension funds that take large security positions.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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