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



RESET




Word of the Day

3 July 2024

DITHER

(noun) an excited state of agitation; “he was in a dither”; “there was a terrible flap about the theft”


coffee icon

Coffee Trivia

Decaffeinated coffee is not caffeine-free. Studies from the National Institute of Health (US) have shown that virtually all decaf coffee types contain caffeine. A 236-ml (8-oz) cup of decaf coffee contains up to 7 mg of caffeine, whereas a regular cup provided 70-140 mg.

coffee icon