cuenta de corretaje
/kwenta de koretaxe/from spelling rules
The English phrase 'brokerage account' can be translated into Spanish as cuenta de corretaje.
A brokerage account is an arrangement with a licensed broker that allows an investor to buy and sell financial securities.
What does it mean word for word?
The phrase cuenta de corretaje literally means 'account of brokerage', composed of cuenta (account), de (of) and corretaje (brokerage or commission).
Which one should you use?
cuenta de intermediación is also a formal translation for a brokerage account. Additionally, in many Spanish-speaking countries, it is common to use the alternative cuenta de inversión, which translates to 'investment account'.
Did you know?
- While corretaje refers to the brokerage fee or the act of brokering, the person performing the job is a corredor, which literally translates to 'runner'.
- Spanish has several words for 'broker' depending on the asset. While a corredor handles general brokerage, a bróker is now widely accepted and used in professional trading circles across Spain and Latin America.
- In Spanish, the word cuenta is used for both a financial 'account' and a restaurant 'bill'.
Examples in context
- El cliente abrió una cuenta de intermediación para invertir en acciones nacionales e internacionales.The client opened a brokerage account to invest in domestic and international stocks.
- María está considerando abrir una cuenta de inversiones para administrar sus activos.María is considering opening a brokerage account to manage her assets.
- Necesito abrir una cuenta de corretaje para invertir.I need to open a brokerage account to invest.
- El banco ofrece una cuenta de corretaje con bajas comisiones.The bank offers a brokerage account with low commissions.
- Tengo mucho dinero en mi cuenta de corretaje.I have a lot of money in my brokerage account.
Example conversation
María and Mateo are discussing their long-term investment plans.
- María¿Ya tienes una cuenta de corretaje?Do you already have a brokerage account?
- MateoSí, María, abrí una el mes pasado.Yes, María, I opened one last month.
- MaríaEs una buena idea para tu futuro.It is a good idea for your future.
- MateoAsí es, quiero ser un inversor responsable.That's right, I want to be a responsible investor.
Sources
- IPA marked “from spelling rules” is derived from standard Spanish spelling, where Wiktionary gives none.
