brokerage Definition
- 1the business of buying and selling goods or services for other people
- 2a company that buys and sells goods or services for other people
Using brokerage: Examples
Take a moment to familiarize yourself with how "brokerage" can be used in various situations through the following examples!
Example
The brokerage firm specializes in trading stocks and bonds.
Example
She works for a real estate brokerage.
Example
The company provides brokerage services for international trade.
brokerage Synonyms and Antonyms
Synonyms for brokerage
Phrases with brokerage
full-service brokerage
a brokerage firm that offers a wide range of financial services to clients
Example
I prefer to use a full-service brokerage for my investments.
a brokerage firm that charges lower fees for buying and selling securities but provides fewer services to clients
Example
He opened an account with a discount brokerage to save on trading fees.
an investment account that allows investors to buy and sell securities through a brokerage firm
Example
She opened a brokerage account to invest in the stock market.
Origins of brokerage
from broker, meaning 'one who acts as an intermediary'
Summary: brokerage in Brief
The term 'brokerage' [ˈbrəʊkərɪdʒ] refers to the business of buying and selling goods or services for other people, or a company that does so. It includes firms that specialize in trading stocks, real estate, and international trade. 'Brokerage' can be further categorized into 'full-service brokerage,' which offers a wide range of financial services, and 'discount brokerage,' which charges lower fees but provides fewer services. A 'brokerage account' is an investment account that allows investors to buy and sell securities through a brokerage firm.
