Definition, Meaning & Synonyms
corretagem
Noun
[ko-re-ˈtaʒẽj]
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Definition
The fee or commission charged by a broker for facilitating a transaction, such as buying or selling assets.
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Examples
- For real estate transactions, a standard corretagem might be around 5% of the property’s value.
- Investors should be aware of the corretagem fees when trading stocks.
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Meaning
Corretagem refers to the compensation that a broker receives for their services in executing trades on behalf of clients. This term is often used in the context of financial markets, such as stocks, real estate, or insurance.
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Synonyms
- Fee
- Commission
- Brokerage