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Simple English definitions for legal terms
account executive
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A quick definition of account executive:
An account executive, also known as a stockbroker, is someone who buys or sells stocks on behalf of someone else. They act as an agent and help their clients make decisions about investing in the stock market.
A more thorough explanation:
Definition: An account executive is a type of stockbroker who buys or sells stocks on behalf of another person or entity. They are also known as account representatives.
Example: John is an account executive at a brokerage firm. He helps his clients make informed decisions about buying and selling stocks based on their investment goals and risk tolerance.
Explanation: The example illustrates how an account executive works in the stock market. John acts as a middleman between his clients and the stock market, executing trades on their behalf. He provides advice and guidance to his clients to help them make informed decisions about their investments.