BROKERAGE

brokerage

(noun) the business of a broker; charges a fee to arrange a contract between two parties

brokerage, brokerage firm, securities firm

(noun) a stock broker’s business; charges a fee to act as intermediary between buyer and seller

Source: WordNet® 3.1

Etymology

Noun

brokerage (countable and uncountable, plural brokerages)

A business, firm, or company whose business is to act as a broker (e.g, stockbroker).

The commission paid to a broker.

Source: Wiktionary

Bro"ker*age, n.

1. The business or employment of a broker. Burke.

2. The fee, reward, or commission, given or changed for transacting business as a broker.

Source: Webster’s Unabridged Dictionary 1913 Edition

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