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Warehouse vs Wirehouse - What's the difference?

warehouse | wirehouse |

As nouns the difference between warehouse and wirehouse

is that warehouse is a place for storing large amounts of products (wares). In logistics, a place where products go to from the manufacturer before going to the retailer while wirehouse is a major brokerage company, generally nationwide, with multiple branches.

As a verb warehouse

is to store, as in a warehouse.

warehouse

English

(wikipedia warehouse)

Noun

(en noun)
  • A place for storing large amounts of products (wares). In logistics, a place where products go to from the manufacturer before going to the retailer.
  • * {{quote-magazine, date=2013-08-03, volume=408, issue=8847, magazine=(The Economist)
    • , title= Revenge of the nerds , passage=Think of banking today and the image is of grey-suited men in towering skyscrapers. Its future, however, is being shaped in converted warehouses and funky offices in San Francisco, New York and London, where bright young things in jeans and T-shirts huddle around laptops, sipping lattes or munching on free food.}}

    Derived terms

    * warehouseman

    Verb

    (warehous)
  • To store, as in a warehouse.
  • * 1894 , United States. Congress. Senate. Committee on Finance, Opinions of Collectors of Customs Concerning Ad Valorem and Specific Rates of Duty on Imports
    • Tobacco, for instance, shrinks materially by frequent reshippings, and as all goods are warehoused as a convenience to importers, duties should be paid on what the importer receives.
  • To confine people to institutions for long-term periods.

    • Anagrams

    *

    wirehouse

    English

    Alternative forms

    * wire-house * wire house

    Noun

    (en noun)
  • (North America, finance) A major brokerage company, generally nationwide, with multiple branches.
  • * 2012 , Josh Brown, “ Perhaps I’ve Been a Bit Too Harsh…]”, (Wall Street Journal) [http://blogs.wsj.com/financial-adviser/ 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.
  • (North America, finance, obsolete) A brokerage company with a telegraph line, telephone line, or electronic communication network.
  • * 1904 , '' 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 …

    • 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)]”, [http://www.barrypopik.com/ The Big Apple], [http://www.barrypopik.com/index.php/new_york_city/comments/about_the_site_editor/ Barry Popik, November 11, 2008 * * “ Wire House]”, “[http://www.investopedia.com/terms/w/wire-house-broker.asp Wire House Broker]”, [http://www.investopedia.com/ Investopedia