brokerage Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “brokerage” in the English Dictionary

"brokerage" in British English

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brokeragenoun

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

"brokerage" in Business English

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brokeragenoun

uk   us   /ˈbrəʊkərɪdʒ/ STOCK MARKET, FINANCE, COMMERCE
[C] (also brokerage house) an ​organization that ​buys and ​sellscurrency, ​shares, etc. For other ​people or ​organizations: Several brokerages ​compete to ​matchbuyers and ​sellers of a given ​stock.
[U] (also broking) the ​activity of ​buying and ​sellingcurrency, ​shares, etc.: Investors want the ​company to ​quitinsurance brokerage and ​move into ​shippingservices.
[C or U] the ​amount of ​money that a brokercharges: They ​charged brokerage of around 10%.
(Definition of brokerage from the Cambridge Business English Dictionary © Cambridge University Press)
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“brokerage” in Business English

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