brokerage

[ broh-ker-ij ]

noun

1. Also bro·ker·ing []. the business of a broker. broke.
2. the commission of a broker. broke.

brokerage

/ ˈbrəʊkərɪdʒ /

noun

1. commission charged by a broker to his principals
2. a broker's business or office

Word History and Origins

Origin of brokerage¹

First recorded in 1425–75; late Middle English; broker + -age

Example Sentences

It is known today in part for its investments in crypto and its affiliate in the property industry, the Newmark brokerage.

From BBC

The firm weathered financial industry consolidation, recessions and stock market busts to be one of the last fully independent brokerages based in Southern California.

From Los Angeles Times

Her father owned the Great Lakes Carbon Corp., a coal brokerage that became one of the largest privately held corporations in America.

From Los Angeles Times

Andrea Gillespie, a spokesperson with Coldwell Banker Realty, said the brokerage offers training and other measures to “promote equitable access to housing for all” and is reviewing the discrimination claims.

From Los Angeles Times

Construction of new data centers is at “extraordinary levels” driven by “insatiable demand,” a recent report on the industry by real estate brokerage JLL found.

From Los Angeles Times

Related Words

• contribution
• cost
• duty
• expense
• fine
• levy
• price
• rate
• tariff