Meaning of “brokerage” in the English Dictionary

"brokerage" in British English

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(Definition of “brokerage” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"brokerage" in Business English

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brokeragenoun

uk /ˈbrəʊkərɪdʒ/ us STOCK MARKET, FINANCE, COMMERCE

[ C ] also brokerage house an organization that buys and sells currency, shares, etc. For other people or organizations:

Several brokerages compete to match buyers and sellers of a given stock.

[ U ] also broking the activity of buying and selling currency, shares, etc.:

Investors want the company to quit insurance brokerage and move into shipping services.

[ C or U ] the amount of money that a broker charges:

They charged brokerage of around 10%.

(Definition of “brokerage” from the Cambridge Business English Dictionary © Cambridge University Press)