What context can I use each word in?
Learn when and how to use these words with these examples!
brokerage
Example
He works for a brokerage firm, helping clients invest their money wisely. [brokerage: noun]
Example
The real estate agent provided brokerage services to help the buyer and seller reach a fair deal. [brokerage: adjective]
agency
Example
She started her own advertising agency to help businesses promote their products. [agency: noun]
Example
The lawyer acted with agency to protect the rights of his client. [agency: noun]
Good things to know
Which word is more common?
Agency is more commonly used than brokerage in everyday language. Agency is a versatile term that can be applied to different contexts, while brokerage is more specific and commonly used in industries like finance, real estate, or insurance.
Whatโs the difference in the tone of formality between brokerage and agency?
Both brokerage and agency can be used in formal and informal contexts. However, brokerage is often associated with a more formal tone due to its connection with financial transactions, while agency can be used in a wider range of formality levels.