Definitions

1. noun

the business of acting as an intermediary, especially in buying and selling securities or other commodities, or the commission or fees charged for this service

“The company’s brokerage fees are quite high compared to the competition.”

2. noun

a firm or organization that acts as an intermediary in buying and selling securities or other commodities

“She invested in the brokerage to diversify her portfolio.”

3. noun

the right or privilege of acting as an intermediary, especially in buying and selling securities or other commodities

“The brokerage was granted exclusive rights to trade on the exchange.”

4. noun

a business or organization that provides a service or facility for a particular purpose

“The city built a new brokerage to improve the local economy.”