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English definition of “brokerage”

brokerage

noun uk   /ˈbrəʊ.kər.ɪdʒ/ us    /ˈbroʊ-/ ( also brokerage house) specialized
[C] an organization that buys and sells foreign money, shares in companies, etc. for other people: an online brokerage [U] the activity of buying and selling foreign money, shares in companies, etc. for other people, or the money that is charged for doing this: The company's main activity is insurance brokerage.
(Definition of brokerage from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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