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

The following month, according to the real estate brokerage, there were even more homes on the market, for a total of 222,927—up 17.8 percent from a year earlier. —Paul Du Quenoy, MSNBC Newsweek, 27 Mar. 2025

Dividend-paying stocks and funds may be contenders for taxable brokerage accounts, particularly if the dividends are taxed at the same rate as capital gains (0%, 15% or 20%) and the investor is planning on spending the money. —Darla Mercado, Cfp®, CNBC, 26 Mar. 2025

Otherwise, open a brokerage account and call it a day. —Ben Kunz, Forbes, 25 Mar. 2025

Generally, some like Roth accounts have tax-free withdrawals, while taxable brokerage accounts may require capital gains tax, pretax retirement funds are taxed as income and a portion of your Social Security may or may not be taxed depending on income thresholds. —Medora Lee, USA TODAY, 25 Mar. 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