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research department
research department definition - business
research department
The group of individuals in a brokerage firm or institutional investment house that analyzes companies, economic matters, and securities. The research departments in institutional investment houses assist in selecting investments and devising investment strategies. Brokerage firm research departments assist the registered representatives in making customer purchase suggestions.
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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