California, the first state to legalize medical marijuana back in 1996, became even more pot-friendly in 2016 when it made it legal to use and carry up to an ounce of marijuana without a prescription.
A broker is an individual or parties (brokerage firm) that arranges transactions between a buyer and a seller for a commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Distinguish agent âone who acts on behalf of a principal.
Use brokerage account in a sentence. â 1  Using a stolen credit card to fund a brokerage account has become the newest trend among the more sophisticated identity thieves. â. â 2  When my brother decided to start investing in the stock market, I advised him to open a brokerage account with my company where I could make sure he was taken care of. â.