Buttonwood Agreement

Buttonwood Agreement definition - finance
A 1792 trade agreement that created an investment community out of the original 24 brokers in New York. The name comes from a Buttonwood tree that was their informal meeting site on Wall Street.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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