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brokerage
noun
bro·ker·age
ˈbrō-k(ə-)rij
1
: the business or establishment of a broker
2
: a broker's fee or commission
Examples of brokerage in a Sentence
one of the country's largest brokerages
She works for a brokerage firm.
Recent Examples on the Web
Profusion Immobilier is a member of Forbes Global Properties, an invitation-only network of top-tier brokerages worldwide and the exclusive real estate partner of Forbes.
—Catherine Dunwoody, Forbes, 17 Dec. 2024
Now the guy behind the indie brokerage Climb (acquired by Realogy subsidiary NRT in 2016) and the real estate tech platform HighNote Labs is ready to part ways with his live-work spread at the historic Lighthouse Lofts in the SoMa District, asking $3.2 million.
—Wendy Bowman, Robb Report, 14 Dec. 2024
Slightly more than half of the building is leased to a diverse mix of tenants including law firm Latham & Watkins and accounting firm Deloitte, real estate brokerage JLL said.
—Roger Vincent, Los Angeles Times, 13 Dec. 2024
Government employees were covered by public pensions and thus were not eligible for Social Security, but brokerages were pitching these employees on limited partnerships as a way around that.
—Paul Kiel, ProPublica, 11 Dec. 2024
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Word History
First Known Use
15th century, in the meaning defined at sense 1
Time Traveler
The first known use of brokerage was
in the 15th century
Dictionary Entries Near brokerage
Cite this Entry
“Brokerage.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/brokerage. Accessed 21 Dec. 2024.
Kids Definition
brokerage
noun
bro·ker·age
ˈbrō-k(ə-)rij
1
: the business of a broker
2
: the fee or commission charged by a broker
Legal Definition
brokerage
noun
bro·ker·age
ˈbrō-kə-rij
1
: the business or establishment of a broker
2
: a broker's fee or commission
More from Merriam-Webster on brokerage
Nglish: Translation of brokerage for Spanish Speakers
Britannica English: Translation of brokerage for Arabic Speakers
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