noun

brokerage

BROH-kuh-rihj

noun

A firm or business that acts as a broker, especially in buying and selling stocks or property.

"She opened an account with an online brokerage."

The fee charged by a broker for arranging a transaction.

"The brokerage on the sale came to two percent of the price."

How to Use Brokerage

Learner’s notes

In plain EnglishEither the broker's business, or the commission it charges for handling a deal.

Common pairings

brokerage firm brokerage account brokerage fee

brokerages plural

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She opened an account with an online _____.

Formed from "broker" plus the suffix "-age," which turns it into either the business itself or the fee it charges.

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