brokerage
bro
ˈbroʊ
brow
ke
rage
rɪʤ
rij
British pronunciation
/bɹˈə‍ʊkɹɪd‍ʒ/

Definition & Meaning of "brokerage"in English

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
Examples
The real estate brokerage played a crucial role in connecting buyers and sellers, facilitating property transactions in the local market.
As an insurance brokerage, they assist clients in finding the most suitable coverage by comparing policies from different providers.
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