Meaning & use
brokerage
Last updated
a business that acts as an intermediary in transactions, especially buying and selling stocks, bonds, or real estate, or the fee charged for this service
See it in a sentence
She opened an account with an online brokerage to start investing in stocks.
The brokerage charged a small fee on every trade.
A note on using this word
Can refer either to the firm itself (a brokerage) or to the fee it charges for arranging a deal.
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