different between wirehouse vs taxonomy
wirehouse
English
Alternative forms
- wire-house
- wire house
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.
Noun
wirehouse (plural wirehouses)
- (Canada, US, finance) A major brokerage company, generally nationwide, with multiple branches.
- 2012, Josh Brown, “Perhaps I’ve Been a Bit Too Harsh…”, Wall Street Journal Financial Adviser, January 25, 2012:
- 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.
- 2012, Josh Brown, “Perhaps I’ve Been a Bit Too Harsh…”, Wall Street Journal Financial Adviser, January 25, 2012:
- (Canada, US, finance, obsolete) A brokerage company with a telegraph line, telephone line, or electronic communication network.
- 1904, N.Y. Evening Post 18 June, 1904 (Financial Section) 1/7
- The so-called ‘wire house’ …is a product of the boom times.
- 1905, The World’s work, Volume 9, Doubleday, Page & Co.:
- The “market information” is more diversified than formerly, and in many ways the “wire house” can fill a place that the old-style …
- 1904, N.Y. Evening Post 18 June, 1904 (Financial Section) 1/7
Usage notes
In contemporary use generally used narrowly, referring specifically to the Big 4 retail brokerage firms operating in the US: Merrill Lynch Wealth Management, Morgan Stanley, UBS, and Wells Fargo & Co. In looser usage, applied to any large brokerage.
Hypernyms
- brokerage, stockbroker
See also
- bucket shop
References
- “Wire House (Wirehouse)”, The Big Apple, Barry Popik, November 11, 2008
- “wirehouse” in Dictionary.com Unabridged, Dictionary.com, LLC, 1995–present.
- “Wire House”, “Wire House Broker”, Investopedia
wirehouse From the web:
- what does warehouse mean
- what are wirehouse brokers
- what is wirehouse firm
- what is a wirehouse brokerage firm
- what is warehouse meaning
- what is warehouse definition
- what is the difference between warehouse and warehousing
taxonomy
English
Etymology
Borrowed from French taxonomie. Surface analysis taxo- +? -nomy.
Pronunciation
- (UK) IPA(key): /tæk?s?n?mi/
- (US) IPA(key): /tæk?s??n?mi/
- Rhymes: -?n?mi
Noun
taxonomy (countable and uncountable, plural taxonomies)
- The science or the technique used to make a classification.
- A classification; especially, a classification in a hierarchical system.
- (taxonomy, uncountable) The science of finding, describing, classifying and naming organisms.
Synonyms
- taxonomics
- (science of finding, describing, classifying and naming organisms): alpha taxonomy
Coordinate terms
- nomenclature
- ontology
Derived terms
Translations
taxonomy From the web:
- what taxonomy means
- what taxonomy are humans
- what taxonomy do humans belong to
- what taxonomy is not a type of taxonomy
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