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Discount Brokers Are So Named Because They Are Able to Get

question 117

True/False

Discount brokers are so named because they are able to get you discounts on the market price of stocks.


Definitions:

Debit Cards

Payment cards that deduct money directly from a consumer's checking account to pay for a purchase.

PIN Number

A personal identification number that securely authenticates a user's identity, often used in bank transactions.

Credit Cards

Financial instruments issued by banks and financial institutions that allow cardholders to borrow funds up to a specified limit to purchase goods and services.

Debit Card

Cards that tap directly into the depositor’s bank account to fund purchases; also called a check card.

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