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Brokerage Meaning in English

word

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

परिभाषा

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.

उपयोग और बारीकियां

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.

उदाहरण वाक्य

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