Associate Member

Business, Legal & Accounting Glossary

Definition: Associate Member


Associate Member

Quick Summary of Associate Member


Designation for a member of a stock exchange who does not have a seat on the exchange.




Examples of Associate Member in a sentence


The associate member was part of the stock exchange but they expressed interest in wanting more, in wanting a seat.

Even though they did not have a seat on the exchange, they were associate members. This still gave them the rights, but just not the seat.

My stock broker does not have a seat on the New York Stock Exchange, but he is an associate member who is able to trade if he affiliates with someone who is.


Related Phrases


MERCOSUR


Cite Term


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Page URL
https://payrollheaven.com/define/associate-member/
Modern Language Association (MLA):
Associate Member. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 03, 2021 https://payrollheaven.com/define/associate-member/.
Chicago Manual of Style (CMS):
Associate Member. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/associate-member/ (accessed: December 03, 2021).
American Psychological Association (APA):
Associate Member. PayrollHeaven.com. Retrieved December 03, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/associate-member/

Definition Sources


Definitions for Associate Member are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 7th November, 2021 | 0 Views.