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

Within the brokerage market, of course, the cost of a yacht comes down to what a potential owner is willing to pay. —Julia Zaltzman, Robb Report, 16 Jan. 2025

There are also other more immediate ways that Oppenheim and his team, and several other brokerages across Los Angeles and Orange Counties, are pitching in to help. —Alli Rosenbloom, CNN, 16 Jan. 2025

Image Known for brokering multimillion-dollar deals in New York and Miami, Oren and Tal Alexander reached the top ranks at Douglas Elliman, one of the nation’s largest brokerages. —Debra Kamin, New York Times, 16 Jan. 2025

Put any extra money to invest in a taxable brokerage account to help turbo-charge your savings. —Sharon Epperson, CNBC, 16 Jan. 2025

Word History

First Known Use

15th century, in the meaning defined at sense 1

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