retail house

retail house definition - finance
A brokerage firm whose primary clientele is retail investors, meaning individuals, instead of institutions. A retail house has a large number of brokers and a large research department that caters its efforts to individuals, instead of institutional investors.

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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