Brokerage Meaning in English
word
Definition
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.
Usage & Nuances
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.
Example Sentences
I paid a brokerage to buy stocks online.
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The brokerage helped me sell my house.
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Many people use a brokerage to invest in the stock market.
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Online brokerages usually have lower fees than traditional ones.
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He switched his account to a different brokerage for better customer service.
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The brokerage on this deal was higher than we expected.
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