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Brokerage Meaning in English

word

ˈbɹoʊkɝɪdʒ/, /ˈbɹoʊkɹɪdʒ
BROH-kuh-rij
bɹˈəʊkɹɪdʒ
BROH-kuh-rij

Definición

A company or service that connects buyers and sellers in financial markets, often charging a fee for each transaction. It can also refer to the fee itself.

Uso & Matices

Used mainly in financial and real estate contexts. 'Brokerage firm' or simply 'brokerage' refers to companies like stockbrokers. As a fee, 'brokerage' means the commission a broker earns. Don't confuse with 'broker', which is the person or company doing the mediating.

Oraciones de Ejemplo

I paid a brokerage to buy stocks online.

basic

The brokerage helped me sell my house.

basic

Many people use a brokerage to invest in the stock market.

basic

Online brokerages usually have lower fees than traditional ones.

natural

He switched his account to a different brokerage for better customer service.

natural

The brokerage on this deal was higher than we expected.

natural