"wirehouse" meaning in English

See wirehouse in All languages combined, or Wiktionary

Noun

Forms: wirehouses [plural]
Etymology: 1904, wire + house (“company”), from earlier private-wire house (1894). Originally referred to brokerage companies that owned or leased telegraph lines, so that market information could be transmitted more quickly. Later generalized to “major brokerage”. Wirehouses are now defined by that they have a direct access to "Fed-Fund Wires", which is the system in which all banks and only the big brokerage houses can "wire" money directly from one account to another. Smaller brokerage firms do not have their own wire line, but need to send transactions by transmitting them through a bank's wire system. Etymology templates: {{compound|en|wire|house|t2=company}} wire + house (“company”), {{m|en|private-wire house}} private-wire house Head templates: {{en-noun}} wirehouse (plural wirehouses)
  1. (Canada, US, finance) A major brokerage company, generally nationwide, with multiple branches. Tags: Canada, US Categories (topical): Finance
    Sense id: en-wirehouse-en-noun-RTwF~BvM Categories (other): American English, Canadian English Topics: business, finance
  2. (Canada, US, finance, obsolete) A brokerage company with a telegraph line, telephone line, or electronic communication network. Tags: Canada, US, obsolete Categories (topical): Finance
    Sense id: en-wirehouse-en-noun-3WTjE6hf Categories (other): American English, Canadian English, English entries with incorrect language header Disambiguation of English entries with incorrect language header: 18 82 Topics: business, finance
The following are not (yet) sense-disambiguated
Synonyms: wire-house, wire house Hypernyms: brokerage, stockbroker Related terms: bucket shop

Inflected forms

Download JSON data for wirehouse meaning in English (4.0kB)

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  "etymology_text": "1904, wire + house (“company”), from earlier private-wire house (1894). Originally referred to brokerage companies that owned or leased telegraph lines, so that market information could be transmitted more quickly. Later generalized to “major brokerage”. Wirehouses are now defined by that they have a direct access to \"Fed-Fund Wires\", which is the system in which all banks and only the big brokerage houses can \"wire\" money directly from one account to another. Smaller brokerage firms do not have their own wire line, but need to send transactions by transmitting them through a bank's wire system.",
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  "lang_code": "en",
  "pos": "noun",
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        {
          "ref": "2012, Josh Brown, “Perhaps I’ve Been a Bit Too Harsh…”, Wall Street Journal Financial Adviser, January 25, 2012",
          "text": "Ten years ago, the Wall Street wirehouse brokerage firm seemed unassailable – part of the very firmament underpinning the entire investment industry from coast to coast."
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          "ref": "1904, N.Y. Evening Post 18 June, 1904 (Financial Section) 1/7",
          "text": "The so-called ‘wire house’ …is a product of the boom times."
        },
        {
          "ref": "1905, The World’s work, volume 9, Doubleday, Page & Co.",
          "text": "The “market information” is more diversified than formerly, and in many ways the “wire house” can fill a place that the old-style …",
          "type": "quotation"
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        "A brokerage company with a telegraph line, telephone line, or electronic communication network."
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    "Merrill Lynch",
    "Morgan Stanley",
    "UBS",
    "Wells Fargo"
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        {
          "ref": "2012, Josh Brown, “Perhaps I’ve Been a Bit Too Harsh…”, Wall Street Journal Financial Adviser, January 25, 2012",
          "text": "Ten years ago, the Wall Street wirehouse brokerage firm seemed unassailable – part of the very firmament underpinning the entire investment industry from coast to coast."
        }
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        "A major brokerage company, generally nationwide, with multiple branches."
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        "(Canada, US, finance) A major brokerage company, generally nationwide, with multiple branches."
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        {
          "ref": "1904, N.Y. Evening Post 18 June, 1904 (Financial Section) 1/7",
          "text": "The so-called ‘wire house’ …is a product of the boom times."
        },
        {
          "ref": "1905, The World’s work, volume 9, Doubleday, Page & Co.",
          "text": "The “market information” is more diversified than formerly, and in many ways the “wire house” can fill a place that the old-style …",
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        "A brokerage company with a telegraph line, telephone line, or electronic communication network."
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  "wikipedia": [
    "Merrill Lynch",
    "Morgan Stanley",
    "UBS",
    "Wells Fargo"
  ],
  "word": "wirehouse"
}

This page is a part of the kaikki.org machine-readable English dictionary. This dictionary is based on structured data extracted on 2024-05-01 from the enwiktionary dump dated 2024-04-21 using wiktextract (f4fd8c9 and c9440ce). The data shown on this site has been post-processed and various details (e.g., extra categories) removed, some information disambiguated, and additional data merged from other sources. See the raw data download page for the unprocessed wiktextract data.

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