Definition, Meaning & Synonyms

brokerage

Noun

/ˈbroʊkərɪdʒ/

Definition

The act or business of providing services that facilitate the buying and selling of assets, typically through intermediaries called brokers.

Examples

She opened an account with a brokerage to start investing in the stock market.
Brokerage fees can vary significantly between firms, so it’s important to compare options.
The real estate brokerage helped us find our dream home.

Meaning

Brokerage refers to the activities of individuals or firms that help buy and sell financial assets, such as stocks, bonds, or real estate, usually for a fee or commission.