House

Definition:

Firms that conduct business as broker-dealers in securities or in the investment banking field are characterized as houses.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

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Red-lining

Illegal discrimination in making loans, insurance coverage, or other financial services available to people or property in certain areas because of poor economic conditions, high levels of fraudulent... Read More

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