Brokerage
volume
British pronunciation/bɹˈə‍ʊkɹɪd‍ʒ/
American pronunciation/ˈbɹoʊkɝɪdʒ/, /ˈbɹoʊkɹɪdʒ/

Definition & Meaning of "brokerage"

Brokerage
01

a stock broker's business; charges a fee to act as intermediary between buyer and seller

02

place where a broker conducts his business

03

an intermediary entity or individual that facilitates transactions or negotiations between parties

example
Example
examples
Financial institutions provide various services such as underwriting and brokerage to participants in the capital market.
In the art world, a brokerage can act as a liaison between collectors and artists, arranging sales and acquisitions of valuable pieces.
The real estate brokerage played a crucial role in connecting buyers and sellers, facilitating property transactions in the local market.
The freight brokerage coordinated the transportation of goods, negotiating rates and arranging shipments between suppliers and distributors.
As an insurance brokerage, they assist clients in finding the most suitable coverage by comparing policies from different providers.
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