English Explanatory Dictionary

private-wire house

English dictionary entry

Meanings

noun
  1. A brokerage company with a telegraph line, telephone line, or electronic communication network.

Word forms

private-wire house private-wire houses private wire house

Etymology

1894, due to these brokerage companies owning or leasing telegraph lines (which occurred since 1873), so that market information could be transmitted more quickly.

Derived words

wire house
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