brokerageˈbroʊ kər ɪdʒ
brokerage (n)
- plural
- brokerages
English Definitions:
brokerage, brokerage firm, securities firm (noun)
a stock broker's business; charges a fee to act as intermediary between buyer and seller
brokerage (noun)
the business of a broker; charges a fee to arrange a contract between two parties
brokerage house, brokerage (noun)
place where a broker conducts his business
brokerage (Noun)
A business, firm, or company whose business is to act as a broker (e.g, stockbroker).
brokerage (Noun)
The commission paid to a broker.
brokerage
A broker is a person or firm who arranges transactions between a buyer and a seller for a commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Neither role should be confused with that of an agent—one who acts on behalf of a principal party in a deal.
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"brokerage." Kamus.net. STANDS4 LLC, 2024. Web. 6 Oct. 2024. <https://www.kamus.net/english/brokerage>.
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