brokerage

//ˈbroʊkərɪdʒ//
C1Frequency Level 11Technical
Visual representation of brokerage

Noun

brokerageSingular
brokeragesPlural
1

The business or service of acting as an intermediary between buyers and sellers, especially in financial markets.

She works for a brokerage that specializes in real estate transactions.

2

A company or firm that acts as an agent for others in negotiating contracts, purchases, or sales in return for a fee or commission.

She opened an account with a reputable brokerage to start investing in stocks.

3

The fee or commission charged by a broker for their services.

The brokerage for this transaction was 2% of the total sale price.

brokerage - Deep Vocabulary