What context can I use each word in?
Learn when and how to use these words with these examples!
brokerage
Example
I opened an account with a brokerage firm to start investing in the stock market. [brokerage: noun]
Example
He works for a brokerage company and helps clients buy and sell securities. [brokerage: noun]
intermediary
Example
The lawyer acted as an intermediary between the two parties to negotiate a settlement. [intermediary: noun]
Example
She works as an intermediary for international companies looking to expand their business in foreign markets. [intermediary: noun]
Good things to know
Which word is more common?
Brokerage is more commonly used than intermediary in the financial industry and related contexts. It is a specific term that is widely recognized and used in discussions about investments and financial markets. On the other hand, intermediary is a more general term that can be applied to different industries and situations where a middleman or go-between is involved.
Whatโs the difference in the tone of formality between brokerage and intermediary?
Both brokerage and intermediary can be used in formal and professional contexts. However, brokerage is more commonly associated with formal financial transactions, while intermediary can have a broader connotation and may imply a more neutral or informal role depending on the specific context.