Brokerage firm and Nondepository financial institution

Brokerage firm noun - A stock broker's business; charges a fee to act as intermediary between buyer and seller.

Nondepository financial institution and brokerage firm are semantically related. In some cases you can use "Nondepository financial institution" instead a noun phrase "Brokerage firm".

Nondepository financial institution noun - A financial institution that funds their investment activities from the sale of securities or insurance.

Brokerage firm and nondepository financial institution are semantically related. Sometimes you can replace phrase "Brokerage firm" with "Nondepository financial institution", this phrases are similar.